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JD_TeenTrader

1:4 Risk to Reward sell of GBPJPY

Short
British Pound / Japanese Yen (FX:GBPJPY)  
JD_TeenTrader  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators gbpjpyshort yenpairs sellyen rsi_divergence rsidivergence
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trendanalysis chartpattern indicator gbpjpyshort yenpairs sellyen rsi_divergence rsidivergence
GBPJPY has rebounded strongly from the low of last week.

It has made a high yesterday and is now showing weakness at the current level.

A sell trade here will allow us to challenge the 160 lows.

RSI divergence present and stops just 50 pips above.
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