British Pound / Japanese YenUpdated GBPJPY Sell Continuation Trade
In my weekend analysis, I published this chart on GBPJPY and as you can see, the lower TL finally broke. So, I expect a continuation in downtrend.
However, I believe the best area to re-enter Sell is at 133.45-133.65 area with a target of 132.
However, I believe the best area to re-enter Sell is at 133.45-133.65 area with a target of 132.
Note
GBPJPY another rejection at the hourly resistance. Could potentially drop to 132 by tomorrow
Trade active
Sell @133.61
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Related publications
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.