GBP / JPY: Daily schedule - downtrend
price on horizontal and diagonal resistance below 50 MA
Price action: pin bar and a false breakout of resistance
indicators:
50 / 200M: 50 under 200 - a negative signal
CCI: under 0 in daily and 4 hour chart - negative signal
SL: 158.636
Altertnariten scenarios: If the price crosses above the 50MA is possible to break the negative formation and see appreciation.
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