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LewisFXBlue
Jul 16, 2023 8:31 PM

Short - GBPJPY Short

British Pound/Japanese YenFXCM

Description

The analaysis shows a potential short on the GBJPY, over the next two days l believe we will see a bearish view on the GBP. The LTF OB is where i am looking to short, we may the see the formation of a double top at an area of high confluence.

My target is the 179 levels based on the analysis I have published just before this one (not shown on chart.)

Please let me know your thoughts below, wishing everybody a good week.
Comments
LewisFXBlue
I am now in the short postion above, anyone in wishing you all the best. Tight SL due to high volatility currently
TheFxAce
The bearish viewpoint you presented is fascinating. Great job on this!
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