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JoeChampion
Mar 19, 2023 3:16 PM

GBPJPY Potential Downsides Short

British Pound/Japanese YenFXCM

Description

Hey Traders, in the coming week we are monitoring GBPJPY for a selling opportunity around 164 zone, one of the reasons i want to consider GBPJPY shorts is that JPY is considered as a safe haven in time of uncertainty. Technically we have noticed that extending pullbacks are approaching the major trend so i will be watching the price action around 164 supply and demand zone.
Trade safe, Joe.
Comments
ATradeSniper
Great work
JoeChampion
@ATradeSniper, Cheers!
Serana2324
Nice chart
JoeChampion
@Serana2324 thank you Serena!
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