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LastBattle

GBP/JPY short reversal

Short
British Pound / Japanese Yen (FX:GBPJPY)  
LastBattle  
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY jpy GBP (British Pound) britishpound japanese yen
2
0
gbpjpy jpy gbp-british-pound britishpound japanese yen
There's a nice bounce today off 23.6% fibs for a good short entry if you have not done so.
A reversal is currently underway for GBPJPY, as traders starts taking profit off longs against the Yen.

Stops are placed at the previous high of 184.305, with 2 take profit area at 61.8% & 88.6% fib respectively.
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