GBPJPY1. Major resistance reached
2. Possible pullback to take place
3. Awaiting sell signal (like emerging bearish engulfing candle pattern)
4. 147.500 should be a good target
More details to follow
Note
Not convincing enough and the bearish engulfing didnt complete. I will wait to see if a retest of the resistance takes place before making a call.
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Disclaimer
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.