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Short GBP/JPY on the bounce to daily key level

Short
Livre sterling / Yen japonais (FX:GBPJPY)  
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FX:GBPJPY   Livre sterling / Yen japonais
tier1 gbp_jpy short
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tier1 gbp_jpy short
Monthly is ranging and price hit into a strong support region.

Weekly is in a strong downtrend.

Daily is a strong downtrend.

If price falters at this level or above at 200EMA or higher at 170.2, we have potential shorts.

They are Tier 1 shorts because monthly is ranging and we are close to a strong support level.

Idées en relation

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Short GBP/USD on imminent break-out betting that it will fail
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