Sentinalx

GBPJPY Trade setup Short

Short
FX:GBPJPY   British Pound / Japanese Yen
Here we can see that GBPJPY is reaching a resistance and supplu Zone ... the price has already once rejected off the highs near 167.90 and got sold.
the price is once again reaching deciding Zone. and rejection from the supply zone will open door from 167.50 to 162.

with the major news coming this week we can expect the confluence to arise.

best of luck ..

trade carefully
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.