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GBPJPY SHORT SETUP H1

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
Forex48_TradingAcademy  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators Fundamental Analysis short GBPJPY signals forex48 Forex strategy education academy priceaction
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trendanalysis indicator fundamental short gbpjpy signals forex48 forex strategy education academy priceaction
GBPJPY is presenting a bullish structure this morning. The price is approaching the 170.48 area, where we have a supply zone. At that point, the market formed a short setup on May 10th, confirmed by the Forex48 1.0 strategy. Additionally, the price at this point could bounce off a bearish trendline, completing the third touch. The target for the short entry is indicated in the 168 area.

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