British Pound / Japanese Yen
Short
Updated

GBPJPY: Around +800 Pips Sell Trading Setup! One Not To Miss

2 042
We’ve been expecting the GBPJPY pair to drop for a while but it’s been bullish and the Japanese Yen has continued to plummet even when we thought the price could reverse. Looking ahead, we could see the price dropping from the area we highlighted with clear entry and exit points. An 800+ pip move is achievable only if the JPY strengthens; however, it’s currently strong and bullish.

Good luck and trade safely!

The Setupsfx_ Team
Trade active
259+ pips from our point of entry.

snapshot
Trade closed manually
Dropped +314 pips and then came back to our entry zone

snapshot

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