GBP/JPY Trade Idea — Short from 189
GBP/JPYShortIntraday4h ago2 views
Trade Setup
Entry Price
189.0000
Stop Loss
189.3000
Take Profit
188.5000
Risk : Reward
1 : 1.67
RiskReward
Technical Analysis
GBP/JPY has formed a strong ascending triangle on the 1-hour chart. Entry near 189 with stop below 189.3.
Fundamental Context
Recent economic data supports a short move on GBP/JPY. Central bank policy remains the key driver.
Trade Setup
Entry at 189 with stop at 189.3 gives a clean 2:1 ratio. Target: 188.5.
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