GBPJPY - SHORT - RISING WEDGE + RSI

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RSI Divergence to indicate buyers are running out of steam

Bounced of monthly resistance

Rising Wedge is to indicate sellers are taking over

Overall target is base of pattern + monthly support

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GBP WEIGHTED AVERAGE ON TECHNICALS AND FUNDAMENTALLY CLEARING SHOWING it's GOING TO DROP

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YEN WEIGHTED AVERAGE

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S&P 500

(POSITIVE CORRELATION) THIS CORRELATES WITH THE YEN...

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I AM EXPECTING FTSE100 TO BOUNCE UP FROM THE 3RD TOUCH OF THIS ASCENDING CHANNEL WHICH WILL WEAKEN THE POUND AS THEY BOTH HAVE AN INVERSE CORRELATED RELATIONSHIP

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NIKKEI 225

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