TraderAvDM
Short

GBPJPY Bulls weak; possible short-term Reversal

FX:GBPJPY   British Pound / Japanese Yen
Hello friends, if you analyze the daily chart , you can figure out that GBPJPY Bulls have been getting weak for the last 5-7 days.

Bulls can't clear the 135.50-137 resistance area .

Yesterday, GBPJPY printed a Bearish Candle in the daily chart . If GJ is unable to break the resistance area , then I expect a short-term reversal
and a subsequent drop to 132.50 area.


Comment: Another Profitable Set up 80+ pips

Comments

Great analysis. Waiting for price to retest 134.770. straight sell. Thanks !!
+1 Reply
NICE! CHECK OUT MY ANALYSIS ON THIS CURRENCY PAIR <3

Reply
My favorite pair to scalp almost every day. This is a solid trade for sure.
Reply
TraderAvDM forekast
@forekast, Yeah mate. Let's see how it goes.
Reply
Slow movement in this pair. But it comes for sure down.
Great prof.
Reply
TraderAvDM gillking
@gillking, let's see bro. Have you sold?
Reply
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