SalahForex

GBPJPY SHORT SELL BEFORE LONG BUY

Long
SalahForex Updated   
FX:GBPJPY   British Pound / Japanese Yen
Hey Traders,

Hope you are having a nice trading week. Here are my analysis for GBPJPY pair.

The Why:
1: RSI overbought (Daily Chart)
2: Need to test 50 EMA (Daily Chart)
Trade active:
1: 14 Ema cross over 50 Ema (1Hr Chart)
2:Tested previous Resistance Area
3: RSI oversold (1Hr Chart)

TP:146.127
SL:141.875

This is my personal view on this pair.FX is highly risky.Trade at your own risk.
Good Luck
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