GBPJPY Short to SupportLooking to see FX:GBPJPY continue to fall until reaches support.
We have two solid reversals that have happened in the past at this support range, so we will wait to see when price reaches this zone
Theres roughly 100 Pips to the support zone shown as a red rectangle
RSI is extremely oversold on Day chart, but I still expect a few more touchdowns to support before we see any real push back up
Gbpjpyshorttrade
Looking for Short Trade in GBP/JPYPair is in strong resistance zone, and also rejected from previous high on smaller time frame. moreover we are trading at the overbought extreme. looking for a short trade at market price
Entry 147.55
Stop 148.20
Target 146
Please consider your own due diligence before implement.
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