peterbokma

GBPJPY-SELL strategy

Short
FX:GBPJPY   British Pound / Japanese Yen
No change in view.

The GBPJPY has gone a little to fast and too far. The stochastic RSI is turning negative. The RSI is overbought but not extreme.
The NEW MOON phase usually indicates the trend will change as well.

Strategy SEL current 157.00-157.25 for a move to 155.25 short-term. Stop-loss suggesting above 158.25 for now.

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