GBP/JPY — Short Setup (swing)

GBP/JPYShortSwing4h ago2 views

Trade Setup

Entry Price

189.3000

Stop Loss

189.6000

Take Profit

188.7000

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

GBP/JPY has formed a strong head and shoulders on the 4-hour chart. Entry near 189.3 with stop below 189.6.

Fundamental Context

Recent economic data supports a short move on GBP/JPY. Central bank policy remains the key driver.

Trade Setup

Risk:reward is 2:1. Stop loss at 189.6, take profit at 188.7.

Comments

Loading comments...