symmetryfx

Short GBPJPY ahead of Brexit News

Short
FX:GBPJPY   British Pound / Japanese Yen
4H Momentum Structure is still Bearish

1H/M30 timeframe is showing a Head and Shoulders downtrend reversal pattern

Risk Reward is 11 to 1 or greater if price is able to continue the Bearish Daily Trend and creates a new Lower Low beneath the most recent Low.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.