Good morning,
I am looking to sell this pair again. It's reaching 2 TR resistance zones. We have no lower low after 149.70, so this is our last breached zone. Since then,
GBP/JPY has been moving inside a range or inside a decending triangle ( No LL, but LH ).
Target would be - around 148.00
Potential shorts from the underlined zones IF we see a decent signal. I will update for entries.
I am looking to sell this pair again. It's reaching 2 TR resistance zones. We have no lower low after 149.70, so this is our last breached zone. Since then,
GBP/JPY has been moving inside a range or inside a decending triangle ( No LL, but LH ).
Target would be - around 148.00
Potential shorts from the underlined zones IF we see a decent signal. I will update for entries.
Trade active
Trade closed: target reached:
70 pips from this one.