FxTicks

GBPJPY / H4 / SHORT

Short
FxTicks Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Hi guys, as you can see that this pair is now at a previous support zone which has become resistance. We can expect some downward movement from this towards our daily supports levels!

Good luck and Trade Green!

P.S trade is not active yet. We'll post SL when it is!
Comment:
Comment:
RSI overbought as well on H1
Trade active:
SL - 143.95
Comment:
We were very close to our stoploss but had a fall downwards from that. Hopefully this pair will continue to fall down and reach our targets!
Trade closed: target reached:
TP1.
Trade closed: target reached:
TP2 hit. 280+ pips profit.
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.