GBPJPY Trade For Down Side In Falling Wedge.

OANDA:GBPJPY   British Pound / Japanese Yen
GBPJPY is trading in a falling wedge pattern. We might see further downside in GBPJPY, which can give good 50 or 60 pips profit for the downside. One can take short trade with a proper risk management system at the current level. If pair consolidates at the current level, it won't be a surprise for the trader as pair consolidated many more times in the past than trading in the pattern.

If You Like Idea Do-Follow For More Quick Updates
Note - Trade With Proper Risk Management System


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.