GBPJPY Weekly Forecast 11th-15th May 2020

<p>The 4 hour right is down against 12/13/2019 peak (147.93) &amp; shows a&nbsp;&nbsp;bearish&nbsp;sequence. 1 hour is turning down against 135.46 high. Near-term, while bounces fail below 135.46 high and more importantly below 147.93 high expect pair to extend lower.&nbsp;</p>
<p>Short&nbsp;&nbsp;GBPJPY&nbsp;</p>
<p>@133.133.50&nbsp;</p>
<p>Target 1- 130.50&nbsp;</p>
<p>Target2- 128.00&nbsp;</p>

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