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going short maybe reverse GBPJPY is a currency pair that represents the exchange rate between the British pound and the Japanese yen. As with any other currency pair, the exchange rate for GBPJPY is subject to fluctuations based on a variety of economic and political factors.

If the market for GBPJPY is reversing, this could mean that the trend in the exchange rate is shifting from a previous direction to a new one. For example, if the trend was previously bullish (meaning that the exchange rate was rising), a reversal could indicate that the trend is now bearish (meaning that the exchange rate is falling).

There could be several reasons why the market for GBPJPY is reversing. One possible cause could be changes in the economic or political landscape of either country. For instance, if the Bank of Japan raises interest rates, this could lead to an increase in the value of the yen, which could cause the exchange rate for GBPJPY to drop. Similarly, if there is political instability in the UK, this could cause investors to sell off pounds, which could also lead to a drop in the exchange rate.

It's worth noting that a reversal in the market for GBPJPY doesn't necessarily mean that the trend will continue in the new direction indefinitely. Markets can be volatile and unpredictable, and there are many factors that can influence exchange rates in the short-term. As such, it's important to stay informed about the latest economic and political developments that could impact the value of both currencies in the pair.