GBP/JPY: a signal for a possible sell, 5 moving average goes over the 13 moving average

GBP/JPY gives a signal for a new descending move.

5 moving average goes over the 13 MA. GBP/JPY is a trend couple and the MA is known to give a strong signal for a direction.

We can wait for a confirmation from CCI to cross 0.

 Varchev Traders

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