As a contrarian view to short GBPJPY on the incoming UK CPI data, there is a possibility to short EURGBP. Nice support zone with 200SMA approaching too.
Overbought on daily at the resistance from the highs of August 2017 (see in the comments). Good Luck!
Overbought on daily at the resistance from the highs of August 2017 (see in the comments). Good Luck!
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As we tested and now breaking 200SMA we could add another short position
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Next target - lows at the 0.91
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Target hit