GBPJPY- Buy on dips (Bullish divergence)

Long

British Pound / Japanese Yen (FX:GBPJPY)

FX:GBPJPY British Pound / Japanese Yen

indicator

CCI (50) has formed a bullish divergence and RSI(14) - oversold level (28). A minor pullback to 159.50/160 is possible.

It is good to buy on dips around 158.60-65 with SL around 158 for a TP of 160

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