2017.08.11 00:00, D1, GBPJPY: overheated RSI (overbought) Potential Long. – (xpMail Free)
GBPJPY on the D1timeframe chart at 2017.08.11 00:00 is now signaling: an overheated RSI (overbought) (a potential long) . This signal alone is a possible buy signal. But always check the logic of the idea from the current chart action. Also, look for a retrace to 40%, 50% or 60% of the signal candle if considering an entry for a better price and higher reward to risk ratio.
The chart is attached.