traderparag
Short

GBPJPY looking weak on Hourly charts

FX:GBPJPY   British Pound / Japanese Yen
106 1 4
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...
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..

It was a good profit run, however, before going down, GBPJPY is looking upwards, as it has crossed 200 EMA on hourly charts from below and it now a BUY - refer to other view posted on the same...

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