GBPJPY Short Position

Bullish strength seems to be slowing on GJ over the past few trading days. We have hit the 50 % level of a monthly OB. We may start to strong bearish movement from current weekly highs: entry on LTF OB (watch out for liquidity grab) with a target at the FVG and OB shown on chart.

Not setting an order for this trade waiting for PA to display bearish signals at entry level.

Share your thoughts below: wishing everybody a good week of trading.
Trend Analysis

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