British Pound / Japanese Yen

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British Pound / Japanese Yen forum



GBPJPY could take a short here but a confirmed short will be an h1 candle close under 199.5



GBPJPY it felt like a year ago..when retail expecting price to go down and yet it continue to climb. after new high the price goes down heavily on 3 consecutive weeks




GBPJPY Fibonacci suggests the next resistance is expected on 199.903. After falling UK labour, it's hard to go below 199 today.

GBPJPY The setup looks good for a SELL trade:

- #GBPJPY SELL NOW @ 199400
- TP1: 199300
- TP2: 199200
- TP3: 199100
- SL: 199700

Manage your risk, and good luck with the trade! Keep an eye on the market!