British Pound / Japanese Yen

Short

Updated

GBP/JPY BEST PLACE TO SELL FROM|SHORT

snapshot

Hello,Friends!

The BB upper band is nearby so GBP-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 190.845.

✅LIKE AND COMMENT MY IDEAS✅

Trade closed: target reached

We are taking profit boys

snapshot

EliteTradingSignals

✅JOIN my FREE Telegram Channel: t.me/elitetrading_signals
✅Contact: @elitetradingsignals_contact

Also on:

EliteTradingSignals

✅JOIN my FREE Telegram Channel: t.me/elitetrading_signals
✅Contact: @elitetradingsignals_contact

Also on:

Related publications

EUR/CAD SENDS CLEAR BEARISH SIGNALS|SHORT

by EliteTradingSignals

USOIL BEARS WILL DOMINATE THE MARKET|SHORT

by EliteTradingSignals

EUR/JPY SHORT FROM RESISTANCE

by EliteTradingSignals

EUR/AUD BULLS ARE STRONG HERE|LONG

by EliteTradingSignals

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.