Will GBPJPY drop? Good R:R Short

British Pound/Japanese YenFXCM

Description

⋅ Jan 9, 2021 2:52 PM

I believe GBPJPY will drop in the next days.
We can see a good resistance line at 141.2 and a Supply zone which supports the decision.
The Risk:Reward is 1:4.

Good luck

Comments

dragu1995

⋅ Jan 9, 2021 3:34 PM

I forgot to mention that we are at the upper border of the downtrend in weekly chard.