Possible trend reversal GBP/JPY

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Intraday bias in GBP/JPY stays on the upside for the moment since bullish structure is still intact ,but if you look at the daily chart i think we have a more comprehensive story .There is a clear rejection from the previous key weekly level .I expect the price to probably swipe the resting orders sitting above this key level of 188.700-188.900 and probably reach even 189.000 but here is where the interesting part comes.We saw an incredible Yen sell of throughout the whole week , we know that Japan’s central bank has been cautious in unwinding its long-held ultra-loose monetary policy,but possibly all that are going to change in the coming week and especially in Tuesday with (BoJ Policy Rate,BoJ Outlook Report,BoJ Core CPI) where big news from Japan hit the markets ,BoJ considering lowering its inflation outlook for 2024 to mid-2% range is not going to happen without some hint at least of tighter monetary policy .From a technical stand point in JXY we could see a reversal as well, if the news are going to that direction . Sooo for the coming week my general BIAS is short

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