GBP/JPY supported by 4H moving average, sell or buy?

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GBP/JPY is being supported by the moving average on the 4H chart.
You can see that price has not moved below the moving average so far.

📌Thus, there is a higher chance of a resumption in the uptrend.

📌Sell trades should be considered only if GBP/JPY moves below the
moving average.

📌183.50 is a key level to consider. If the price breaks below this level,
We can consider short entries.

Aviso legal

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