Short

GBPJPY Short term

By Blaze2069

Updated

I have identified two supply levels (158.788 - 159.141) & (162.054 - 162.598) on 30m chart. In my opinion price might go a little deep into the level before turning and going lower. For the higher level, obviously there is going to be a while before price hit that level, however, I think there is going to be a potential TP of about 300 pips.

Note

Based on Daily Chart, the sentiment is down with a set up, meaning a trade can be placed at the lower level indicated.

Note

Price just hit our zone lets see how it works out.

Blaze2069

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