GBPJPY- Trend line breakout Short

British Pound/Japanese YenFXCM

Description

⋅ Jul 19, 2023 7:23 AM

GBPJPY lost its shine on weak UK CPI. It hits an intraday low of 180.27 and is currently trading around 180.44.

It is good to sell on rallies around 180.58-60 with SL around 181.60 for a TP of 178.10.

Comment

⋅ Jul 20, 2023 7:07 AM

Any break below 179.90 confirms further bearishness

Trend Analysis Beyond Technical Analysis