Chart of The day $GBPJPY 04-02-2018

On the GBPJPY daily chart, we can see that the pair is testing the key strong downside resistance 149 level and the upside support. This level should hold for an upside continuation. For the downside continuation, we need to see a break below this level.
Note: look for the short trade entries in case of the daily close below this level. In the case of a bullish close, today go long with the SL below the 149 level.

 

 

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