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GBP/JPY Signal - GBP BRC Shop Price Index - 27Jul 2021

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Signal Details
Entry Price: 
152.40
Take Profit: 
151.250
Stop Loss: 
153.540
Direction: 
Sell
How we trade
Average: 5 (1 vote)

GBPJPY has traded into resistance today prior to the GBP BRC Shop Price Index, which measures price changes in the popular retail outlets in the UK. Technically the forex pair has reached a key hourly resistance level, and we anticipate a move to downside support at 151.250.

Submitted by Toni H. on Tue, 27 Jul 2021 04:20:54 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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