SHORT IDEA / GBPJPY
- GBPJPY is sitting at a strong resistance line which has been respected for over a decade now.
- GBPJPY is very overbought.
- The US indices are also overbought, any move down on those will most likely give JPY strength for this move to happen.
This is a trade idea and not financial advice, use at your own risk! Always wait for confirmation and do not forget your stoploss.
We welcome your thoughts and comments! Follow us for more great ideas.
- GBPJPY is very overbought.
- The US indices are also overbought, any move down on those will most likely give JPY strength for this move to happen.
This is a trade idea and not financial advice, use at your own risk! Always wait for confirmation and do not forget your stoploss.
We welcome your thoughts and comments! Follow us for more great ideas.
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