muska123

Shorting on GBP/JPY

Short
FX:GBPJPY   Livre sterling / Yen japonais
5
On the 4 hour chart, the Aroon Down was up at 100% level while the Aroon Up was down at 0% level and Aroons showing the same on hourly chart predicting a steady downward trend. Even though the contract was opened for only 4 hours but resulted to a 63.4 pips gain. Prediction: consolidating right now, GBPJPY might go up for a short while but will still go down within the next 48 hrs.
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