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GBPJPY Sell the break of yesterdays low.

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Libra Esterlina/Iene Japonês (OANDA:GBPJPY)  
Signal_Centre1  
OANDA:GBPJPY   Libra Esterlina/Iene Japonês
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GBPJPY - Intraday - We look to Sell a break of 155.94 (stop at 156.25)

Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A break of yesterdays low would confirm bearish momentum.
We are trading at overbought extremes.
A higher correction is expected.
The bearish engulfing candle on the daily chart is negative for sentiment.

Our profit targets will be 155.07 and 154.87

Resistance: 156.80 / 157.10 / 157.40
Support: 156.40 / 156.10 / 155.80

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