GBPJPY analysis - downtrend again??



weekly and h4 charts as of 8.00 am Malaysia

Price is currently testing the crucial lower trendline on the H4 chart. Should the trendline is penetrated, my 1st target will be around 138.9x.

Meanwhile, on the weekly chart, the bearish flag formation is about to complete; a strong indication that the beast is riding the south-bound train again....

Will 118.xx be tested again???

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