GBPJPY Sell the downtrend.
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GBPJPY - Intraday - We look to Sell at 150.28 (stop at 150.59)
Daily signals are mildly bearish.
Our short term bias remains negative.
Rallies continue to attract sellers.
Trend line resistance is located at 150.45.
20 4hour EMA is at 150.25.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 149.42 and 149.22
Resistance: 149.80 / 150.00 / 150.20
Support: 149.60 / 149.30 / 149.00
Daily signals are mildly bearish.
Our short term bias remains negative.
Rallies continue to attract sellers.
Trend line resistance is located at 150.45.
20 4hour EMA is at 150.25.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 149.42 and 149.22
Resistance: 149.80 / 150.00 / 150.20
Support: 149.60 / 149.30 / 149.00
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