Technician
Short

GBPJPY: Short term top in place?

FX:GBPJPY   British Pound/Japanese Yen
197 2 1
Bearish technical setup suggests a move lower, probably towards the main rising trend line as an initial downside target
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Yes, this a short term bearish setup, target around 154.00
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Only short term bearish movement. 127,2% level was braked. Downtrend possible after breaking out 153,500 level (trend overbalace).
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