British Pound / Japanese Yen
Short
Updated

GBPJPY- Short trade at resistance

147
Hello everyone,

Today I have set a short entry on the GBPJPY, the price is currently at a major resistance and has been stalling out on the smaller timeframes,

This trade will be taken on the Daily TF.

The entry being triggered at 147.488.

Overall the trend has been majorly bullish and this is purely for a potential pullback 1-3 days expectancy.

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GBP has high economic data tomorrow morning at 7am- employment rate which is expected to weaken the GBP short-term.
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Good luck if you join me :)
Note
Update:

Trade never triggered, closed entry.

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