GBPJPY Momentum Short Opportunity (Short Term Trade)

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

GBPJPY
Looking for a potential short with a momentum based trade strategy. The pair has been moving downwards and testing key support and resistance levels. Trade your plan.

Comment:

snapshot

Higher time frame view.

Comment:

A look on the daily shows a nice 0.382 pullback. Probably see this one moving upwards now. This was a very short term trade idea. Currently being patient to see where price action takes it.

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