There is a clear signal of a short-term top in GBPJPY, and there is a demand for a pullback. Short-term trading can be positioned for short positions.
Personal trading suggestion: Enter a short position at 163.550-164.000 with a target of 161.200.
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Note
Pay attention to the timing of entryTrade active
Focus on target location
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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.