Forextuitions

GBPJPY SHORT TRADE SETUP

Short
FX:GBPJPY   British Pound / Japanese Yen
The 4 hour right is down against 12/13/2019 peak (148. 05 ) & shows a bearish sequence. 1 hour is turning down against 135.46 high. Near-term, while bounces fail below 135.46 high and more importantly below 147.93 high expect pair to extend lower.

SHORT GBPJPY
@132.40-60

TP: 131.60
SL: 133.20

GOOD LUCK !
Trade closed: target reached