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British Pound / Japanese Yen
Short

SHORT GBP/JPY.

By KNFX_TRADING
SHORT GBP/JPY, ***IF there is a clear rejection around the current area, wich is on the 150,500 monthly key level (psychological level) and it is also on a daily key level. The market is over extended and is showing signs of a divergence (pink lines on the RSI and on the chart). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
Chart PatternsDivergenceGBPJPYTechnical IndicatorskeylevelMonthly ChartsoverboughtpsychologicalroundnumbershortTrend Analysis

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