GBPJPY analysis - war zone......



Daily chart at market closing

Price is currently in the war zone - where the bears and bulls are fighting hard to gain control....

Better be patient and let the market shows us the way.... below is another daily chart showing the MAJOR trendline and a crucial resistance level:



My pick : sell limit at 140.20 ; stop loss 142.00 (risking 1.5% of my capital)

If there is no analysis coming on in this blog next week, I might be holidaying somewhere in Jakarta and Bandung....

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