UnknownUnicorn9610108

GBPJPY Possible Shorts from Marked area

Long
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY, opposed to the other JPY pairs, could be presenting us with a clear possible short. Price must try to break marked level and close below multiple times on the one hour timeframe, or couple closes on the four hour timeframe. If price manages to break level completely then entry is invalid. Keep an eye on it.
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.