GBPJPY-SELL strategy 6 hourly chart - Regression channel

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The pair is a little overbought, and we are above the top-end of the channel. Usually we will see a return to mid-range of it, and therefore it feels we may see a reasonable chanjce for lower levels to be seen again.

Strategy SELL @ 195.00-195.50 and take profit near 193.75 for now.

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