SynapseTrading

GBP/JPY (Daily Chart) - Will Price Finally Break Down?

Short
FX:GBPJPY   British Pound / Japanese Yen
This pair has been pretty resilient, with price hovering near the major resistance level for quite a while.

Since the R/R is quite good, I have decided to take a small short position first.

If price breaks down, convincingly clearing the 147 level, I will be ready to add more short positions.

Good luck!

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