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Gbpjpy_outlook

GBPJPY Monthly AnalisysPrice has reached the top of that monthly TL that lines up with the monthly PRZ and if we zoom in we can see how price has rejected that area leaving multipel daily wicks below that 141.50 area so right now in order to go short i must see a break and close below the 4h 61% level (ill post the 4h chart in the comments) very simple but could give us a 800 pip trade holdin it for 3 weeks or 1 month Complete analisys and detailed signal in our telegram group: t.me
Short
by Forex_Society
GBPJPY approaching resistance, look out for potential reversal! GBPJPY is approaching its resistance at 140.500 where it is could reverse down to its support at 139.089. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone