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British Pound / Japanese Yen
Short
Updated

GBP/JPY SHORT FROM RESISTANCE

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Hello, Friends!

GBP/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 194.854 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

✅LIKE AND COMMENT MY IDEAS✅
Trade closed: target reached
TP hit now!
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Bearish PatternsChart PatternsforecastForexGBPJPYSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis
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