GBPJPY Sell

This is a continuation of our GBPJPY short position , and for those of you that have followed on the previous trade this will be an extra way of further boosting your revenues. For new comers, that will be a great opportunity to further support your analysis and find some of our research and analysis useful in your trading.

While analizing this currency pair we have applied support and resistence plus looked at the MACD indicator for further support to our analysis.

We will be looking at a TP set to 154.191 with the possibility of adjusting the TP by applying partial closures and moving the SL to entry level.