GBP/JPY — Short Setup (intraday)
GBP/JPYShortIntraday3h ago3 views
Trade Setup
Entry Price
189.8000
Stop Loss
191.0000
Take Profit
187.5000
Risk : Reward
1 : 1.92
RiskReward
Technical Analysis
Price action on GBP/JPY suggests short momentum. The 1-hour structure is aligning with the higher timeframe trend.
Fundamental Context
The macro environment favors short positions on GBP/JPY. Keep an eye on upcoming data releases.
Trade Setup
Position sized for 2:1 R:R. Will trail stop once in profit.
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