on DAILY: GBPJPY is sitting around a strong resistance in green so we will be looking for objective sell setups on lower timeframes.
on M30: GBPJPY is trading inside a red channel (not valid yet) so we are waiting for a third swing to form around it for it to be objective and then enter on its break downward.
we also have a regular bearish divergence adding more confluence to our sell setup.
as usual, GBPJPY would be overall bullish until our sell setup is activated.
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