GBPJPY Short Idea
Looking to short GBPJPY. GJ has has pushed up nicely so far this week but I think there is more downside to come before a massive push up occurs in GJ.
With FOMC today and the Fed interest rate decision, this is a neutral asset to trade during the turbulence hence why I am posting this idea.
Confluences:
50% Fibo
Trendline 3rd touch
Intra Key Level
Entry- 188.5
SL- 45
TP1- 100
TP2- 200
Latent profit~ used to hedge a buy position
Catch you later traders ▲
With FOMC today and the Fed interest rate decision, this is a neutral asset to trade during the turbulence hence why I am posting this idea.
Confluences:
50% Fibo
Trendline 3rd touch
Intra Key Level
Entry- 188.5
SL- 45
TP1- 100
TP2- 200
Latent profit~ used to hedge a buy position
Catch you later traders ▲
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