SynapseTrading

GBP/JPY (Daily Chart) - Running into Strong Resistance

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FX:GBPJPY   英鎊 / 日圓
After trying for the past 2-3 months, this pair has been unable to cross the strong resistance level around 148, and now it looks like prices are going to get pushed back down again.

If the bears come in aggressively, it could end up getting pushed all the way down to the 140 area.

I will take it one step at a time, and monitor my short positions.

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