Good morning its 10:31am GMT here in Lagos, Nigeria.
I can spot an intra-day bear pressure on the GBPJPY and i expect a correction to the downside with the 20sma of the RSI pointing down in the 1hr TF.
Considering the support zone of price in the 5min timefram (support coming from the 100sma),
I will consider a short from 137.07 for a 40-50pips profit. Stoploss should not be more than 60pips.
Enjoy!
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