British Pound / Japanese Yen
Short
Updated

GBPJPY - 1 May, touch trendline wait entry SELL

132
GBPJPY trend forecast May 1 , 2025


💬 Price moves in a short-term downtrend on H1 frame, touches the trendline and reacts downward, accumulation price zone 190,000 - 191,700. Waiting for the short-term downtrend to continue today.



🥇/// SELL GBPJPY : zone 191.000 - 191.150

SL: 191.500

TP: 40 - 60 - 100pips ( 190.150 )



Safe and profitable trading
Trade active
The Japanese Bank decided to keep the interest rate, JPY had a decrease in the impact.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.