GBP/JPY struggles at resistance, possible short set-up

478
GBP/JPY has failed to clear the dynamic resistance on the 4H chart.
I would be looking to sell the rallies in GBP/JPY as long as the resistance holds.

Possible entry would be between 153.90-153.20 with SL above 153.60
and initial TP at 151.40.

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.