GBPJPY - Intraday - We look to Sell a break of 156.59 (stop at 156.91)
We are trading at overbought extremes.
A break of yesterdays low would confirm bearish momentum.
A move through bespoke support at 156.60 and we look for extended losses.
A higher correction is expected.
Our profit targets will be 155.71 and 155.51
Resistance: 157.20 / 157.40 / 157.60
Support: 156.60 / 155.70 / 155.40
We are trading at overbought extremes.
A break of yesterdays low would confirm bearish momentum.
A move through bespoke support at 156.60 and we look for extended losses.
A higher correction is expected.
Our profit targets will be 155.71 and 155.51
Resistance: 157.20 / 157.40 / 157.60
Support: 156.60 / 155.70 / 155.40
Order cancelled
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.