EliteTradingSignals

GBP/JPY BEARS ARE STRONG HERE|SHORT

Short
FX:GBPJPY   British Pound / Japanese Yen
Hello,Friends!

GBP/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 9H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 183.490 area.

✅LIKE AND COMMENT MY IDEAS✅
Comment:
I am confident in this trade so I will keep it open!

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