OfficialJ23

GbpJpy Trade Update/Idea

Short
FX:GBPJPY   British Pound / Japanese Yen
Sent out GJ shorts earlier for a solid 1:3rr. GJ failed to break above 182.535 multiple times but continued to respect the minor support at 182.100 until price finally showed the break and retest on the hourly where shorts were than executed. I did decide to close at 65 pips since the markets gonna close soon. Price is just a few pips from original target! We can expect price to continue heading to the downside until 180.880 is tapped. From there we either wait on price to continue crashing or flip for longs.
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.