GBPJPY Sell a break setup,

GBPJPY - Intraday - We look to Sell a break of 160.37 (stop at 160.81)

We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
A higher correction is expected.
A Doji style candle has been posted from the high.

Our profit targets will be 159.27 and 158.97

Resistance: 161.10 / 161.50 / 162.00
Support: 160.40 / 160.00 / 159.50

Trade attivo

Trade chiuso: obiettivo raggiunto