Fxprotrader

GBPJPY: Key Level to Watch for Shorts

Short
Fxprotrader Updated   
FX:GBPJPY   British Pound / Japanese Yen
Price is about to reach a key resistane level where we have the upper quartile of the downsloping median line, previous structure and the 0.886 fib retracement of previous downmove. In addition RSI looks overbought.

Watch for a sell setup completion in case price tests the upper quartile
Comment:
As soon as price entered our resistance zone it dropped instantly. In case u didn't join the selloff just watch for a correction and sell GBPJPY
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