GBP/JPY – uptrend, short-term formation for short, good levels for sell

GBP/JPY – uptrend, with a good signal for a probable deeper corrective movement

The last movement was very sharp, above 45 degrees

Levels of resistance, price below the MA’s, CCI(50) below 100

The entry sell at the current levels is risky

Obligatory stop 193.16

The levels are good for sell, do not wait for a breakthrough below 191.90

 Varchev Traders

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