VasilyTrader

GBPJPY: Key Weekly Structure Ahead 🇬🇧🇯🇵

Short
OANDA:GBPJPY   Livre sterling / Yen japonais

Hey traders,

GBPJPY is very close to a 5 years' high.
156.62 is a key historical level.

Taking into consideration, that the market is heavily overbought,
chances are high to see a pullback from that level.

To short wisely look for a confirmation on a daily t.f before you sell.

Closest key supports:
153.3 - daily
149.7 - weekly

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