Using 20 EMA as a trailing stop, GBPJPY is giving a good SHORT opportunity with a good Risk:Reward...
Price is solidly in the negative territory and has good room on the downside...
Price is solidly in the negative territory and has good room on the downside...
Trade closed: target reached:
It was a good profit run, however, before going down to 148 levels, GBPJPY is looking upwards, as it has crossed 200 EMA on hourly charts from below and it is now a BUY - refer to other view posted on the same..