Signal_Centre1

GBPJPY Sell a break setup,

Short
OANDA:GBPJPY   British Pound / Japanese Yen
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 active
Trade closed: target reached

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