LewisFXBlue

GBPJPY Short Position

Short
FX:GBPJPY   Livre sterling / Yen japonais
Bullish strength seems to be slowing on GJ over the past few trading days. We have hit the 50 % level of a monthly OB. We may start to strong bearish movement from current weekly highs: entry on LTF OB (watch out for liquidity grab) with a target at the FVG and OB shown on chart.

Not setting an order for this trade waiting for PA to display bearish signals at entry level.

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