GBP/JPY: Time to short again !

Short

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

Chart Patterns Trend Analysis GBP jpy GBPJPY short Bearish Patterns SELL Forex ｆｘ swisspips

chartpattern trendanalysis gbp jpy gbpjpy short bearish sell forex ｆｘ swisspips

Hi guys,

I am currently seeing a good opportunity to short this pair again. We are trading at a resistance and volumes suggest further weakness on several timeframes.

I am targeting 142.300 .

Best,

Jesse

Comment:

Adding some lots to my shorts

Comment:

Target lowered to 142.250, can change if it does not move fast though

Comment:

Big pullback ! Still keeping my shorts!

Comment:

What a pain in the *** this pair has been today....

snapshot

Comment:

Adjust your targets guys!

snapshot

Comment:

OK guys, this is the main picture.

IF PRICE REACHES THE SUPPORT by the end of the session the target could be lowered.

Check it out !

snapshot

Comment:

I will personally stick to my initial target: 142.300

Have a wonderful night/evening/day !

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