GBP/JPY at Critical Level — Short Setup Forming
GBP/JPYShortSwing5h ago0 views
Trade Setup
Entry Price
188.7000
Stop Loss
190.5000
Take Profit
185.1000
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
GBP/JPY has formed a strong wedge on the 4-hour chart. Entry near 188.7 with stop below 190.5.
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 190.5, take profit at 185.1.
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