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the5erstrading

Swing Analysis GBPJPY 23/05/18

Short
British Pound / Japanese Yen (FX:GBPJPY)  
the5erstrading  
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance Supply and Demand swing Bearish Patterns SELL short GBPJPY
5
0
supportandresistance supplyanddemand swing bearish sell short gbpjpy
The GBPJPY is in a strong bearish momentum and it seems that the next 

Demand from the left (can see on a daily chart) that can stop this bearish trend is at -144.20 zone.

The supply above seems like a great level to join this momentum if the price will back there, therefore

If the price will back to visit this supply I'll sell there and my target will be 144.20 zones.
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