İngiliz Sterlini / Japon Yeni
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GBPJPY: The downtrend line acts as a strong resistance

According to the chart, I notice that the price follows a downtrend line D1 for weeks. The last big red candlestick reinforces this trend and following the trend would be the best idea here. In this context I decided to place a short order at 151.05 with a stop loss at 152.65 and a target at 149.40.

Enjoy !
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