tommyevon83

GBPJPY Possible short

Short
FX:GBPJPY   British Pound / Japanese Yen
For a short term move, price has reached the 1.00 fibonacci level, which is also the top of a ascending wedge line, as well as a previous weak support line. Look for price to bounce off of this level to confirm a short term sell.

If price continues to follow the ascending wedge, this will signal a strong long term sell.
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