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British Pound / Japanese Yen
Short

GBPJPY possible Short opportunity!

By JanMachacek
Hello traders! In the last week the GBPJPY has created a Resistance trendline, that has been already tested 3 times. The price of the GBPJPY is getting close to this area again, so we should expect a bounce down from this trendline again. Combined with the RSI, that might be getting Overbought soon and MACD that has formed a cross, this makes a great Short opportunity. I wish you the best of luck with your tradinfg :) .
GBPJPYgbpjpyshortTechnical Indicatorsmacdcrossrsi_overboughtshortSupport and ResistanceTrend Lines
JanMachacek

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