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Signal_Centre1
Oct 18, 2021 6:18 AM

GBPJPY Sell a break setup, Short

GBP/JPYOANDA

Description

GBPJPY - Intraday - We look to Sell a break of 156.59 (stop at 156.91)

We are trading at overbought extremes.
A break of yesterdays low would confirm bearish momentum.
A move through bespoke support at 156.60 and we look for extended losses.
A higher correction is expected.

Our profit targets will be 155.71 and 155.51

Resistance: 157.20 / 157.40 / 157.60
Support: 156.60 / 155.70 / 155.40

Order cancelled

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