Potential Short Opportunity for GBPJPY

٢٧ أبريل ٢٠٢٠

I have entered into a short-term scalping trade with GBPJPY. MY reason for the trade is that it is currently resting at a resistance area formed by a falling trendline and the 200 EMA. My bigger play for the pair is waiting for the breakout at its currently ranging area as demarcated by the arrows