As a contrarian view to short GBPJPY on the incoming UK CPI data, there is a possibility to short EURGBP. Nice support zone with 200SMA approaching too.
Overbought on daily at the resistance from the highs of August 2017 (see in the comments). Good Luck!
Overbought on daily at the resistance from the highs of August 2017 (see in the comments). Good Luck!
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As we tested and now breaking 200SMA we could add another short positionNote
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Next target - lows at the 0.91Note
Target hit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.