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GBP/JPY (1D) at key supply zone, likely to head south!
GBPJPY
, 1D
Short
GBPJPY: GBP/JPY (1D) at key supply zone, likely to head south!

GBPJPY is approaching an important supply zone on the daily chart. Confluences for a bearish reversal signal include RSI divergence and a rising wedge chart pattern. It would be a good idea to wait for the price to break our trendline and make a pullback in order to make an entry.

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