laikos

GBPJPY - Short idea

Short
laikos Updated   
FX:GBPJPY   British Pound / Japanese Yen
Fundamental:
GBP - Strong pressure from Brexit. Recent rate hike worsens GBP due to economic data is not as healthy as it should be.
JPY - Safe heaven factor strengthen JPY.

Technical:
Strong rejection around 151.40-152.00. Pin bar formed on both Weekly and Daily chart
Wait for support to break 147.15 for entry short.
Comment:
Cancel this PO. Not triggered and GBP is uptrending
Order cancelled
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.