EliteTradingSignals

GBP/JPY BEST PLACE TO SELL FROM|SHORT

Short
FX:GBPJPY   British Pound / Japanese Yen
Hello,Friends!

The BB upper band is nearby so GBP-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 190.845.

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Trade closed: target reached:
We are taking profit boys

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