GBPJPY Sell a break setup,
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GBPJPY - Intraday - We look to Sell a break of 154.39 (stop at 154.68)
We are trading at overbought extremes.
A higher correction is expected.
Trend line support is located at 154.60.
A break of 154.40 is needed to confirm follow through negative momentum.
Our profit targets will be 153.56 and 153.36
Resistance: 155.30 / 155.50 / 155.80
Support: 154.80 / 154.50 / 154.00
We are trading at overbought extremes.
A higher correction is expected.
Trend line support is located at 154.60.
A break of 154.40 is needed to confirm follow through negative momentum.
Our profit targets will be 153.56 and 153.36
Resistance: 155.30 / 155.50 / 155.80
Support: 154.80 / 154.50 / 154.00
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