Forexintelligence_NA

GBPJPY reaching to resistance and fall hard!

Short
FX:GBPJPY   British Pound / Japanese Yen
Not the time to short GBPJPY!!!
Possibilities are that it will continue to extend up to the intersection of the strong horizontal resistance and the resistance of the rising channel that kept it in an uptrend for a while.

Entry around 148.82
Stop loss at 149.902
Target 143.00-142.00

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