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GBPJPY Sell into a rally.

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
Signal_Centre1  
OANDA:GBPJPY   British Pound / Japanese Yen
Support and Resistance GBP GBPJPY jpy gbpjpyshort Forex forexsignals signal signals forextrading
5
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supportandresistance gbp gbpjpy jpy gbpjpyshort forex forexsignals signal signals forextrading
GBPJPY - Intraday - We look to Sell at 157.37 (stop at 157.71)

The bearish engulfing candle on the daily chart is negative for sentiment.
Daily signals for sentiment are at overbought extremes.
We look for a temporary move higher.
A higher correction is expected.

Our profit targets will be 156.44 and 156.24

Resistance: 157,10 / 157.40 / 157.60
Support: 156.80 / 156.40 / 156.00

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