British Pound / Japanese YenUpdated GBPJPY
On a daily chart we can see the price in a resistance zone, a little bit above it the 0.786 fibonacci point of retrace from the previous bearish move. RSI made a divergence but started to fall from the overbought area; we can see it now pointing upwards, in this case the price could form a flag and could continue its run. Let's have patience and see what happens next. Every break is a trade opportunity.
Note
Short!
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