Pips-Collector

โšœGBPJPY SHORT UPDATED

Short
FX:GBPJPY   British Pound / Japanese Yen
Hello Traders, ๐Ÿ™‹โ€โ™‚๏ธ๐Ÿ™‹โ€โ™‚๏ธ๐Ÿ™‹โ€โ™‚๏ธ

Here we have a GBPJPY short trade idea. If you like this idea please show your support!

GBP

The Pound ( GBP ) weakness can be expected as price is showing signs of resistance at our structure level. We can also see tension around our RISK trendline which we are expecting to break any time soon. Once we break this we have a confirmation of BULLISH momentum.

JPY

The Japanese Yen ( JPY ) has been very weak recently however we are anticipating JPY strength soon which will push this pair further down.

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Please trade with caution and make sure you set your stop losses! Happy Trading ๐Ÿ˜

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