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Wealth_Options

GBPJPY Possible downside

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Wealth_Options  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis
3
0
trendanalysis
An upside to go beyond the pivot point was rejected, which has seen sellers push it below the CPR. The narrow CPR is a signal to watch for a trend and if this is respected a trend is possible especially if the demand point at 140.280 is broken. If you choose to sell put the SL 141.00.

Alternative, if the pair experiences a support and goes beyond the pivot point TP 141.88.
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