⚜GBPJPY SHORT 210pips

Hello Traders, 🙋‍♂️🙋‍♂️🙋‍♂️

Here we have a GBPJPY long trade idea. If you like this idea please show your support!

GBP

The Pound ( GBP ) weakness can be expected as price is showing signs of resistance at our structure level. We can see a break of our WFB trendline and clear rejection our structure. On the smaller time frames we can also see signs of rejection.

UK's COVID cases are on the rise & tension is rising as stats are increasing. We can expect the UK to go into a lockdown any time soon which will also help us hit our profit.

JPY

The Japanese Yen ( JPY ) has been very weak recently however we are anticipating JPY strength soon which will push this pair further down.

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Please trade with caution and make sure you set your stop losses! Happy Trading 😁

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