Snapshot
Hello, Friends!

Previous week’s green candle means that for us the GBP/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 182.891.

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Anmerkung
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
Bearish PatternsChart PatternsforecastForexGBPJPYSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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