GBP/JPY runs into resistance in the 4Hour chart
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Dear traders, as mentioned in yesterday's idea, GBP/JPY has run into resistance
in the 4H chart. Price has backed off after hitting the 4H resistance level.
So, if this continues, GJ can fall further to the 183.50 level. My plan is to short
the rallies in GBP/JPY as long as the resistance holds with target at 183.50
in the 4H chart. Price has backed off after hitting the 4H resistance level.
So, if this continues, GJ can fall further to the 183.50 level. My plan is to short
the rallies in GBP/JPY as long as the resistance holds with target at 183.50
Note
Price has pulled back, if it reaches close to the resistance, I would sell againTransaction en cours
Sold at 185.80 as per plan
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