British Pound / Japanese YenUpdated Time for a sell in GBP/JPY? +280 Pips potential
Dear traders, GBP/JPY's bullish momentum is fading.
If you look at the 4Hour chart, the last few 4H candlesticks
have not been able to breach the resistance level.
If this price action continues, we can expect a fall in GBPJPY
to 180.84 level. Traders can consider selling GBP/JPY@183.60-183.80
with stop loss above resistance and TP at 180.80.
If you look at the 4Hour chart, the last few 4H candlesticks
have not been able to breach the resistance level.
If this price action continues, we can expect a fall in GBPJPY
to 180.84 level. Traders can consider selling GBP/JPY@183.60-183.80
with stop loss above resistance and TP at 180.80.
Trade active
Sold@183.80 as per plan mentioned in idea
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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.
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.