GBP/JPY: Short Setup as Resistance Holds Firm
GBP/JPYShortSwing4h ago1 views
Trade Setup
Entry Price
189.0000
Stop Loss
189.4000
Take Profit
188.1000
Risk : Reward
1 : 2.25
RiskReward
Technical Rationale: High Probability Reversal
Good morning, KoraFX community. Let's talk about GBP/JPY, a pair I follow closely. While the current 24-hour change sits at -0.19 (-0.1%), indicating a relatively flat session, the market structure around key resistance levels is what's catching my eye for a swing trade. The pair is currently trading at 188.91, hovering just below the immediate resistance at 189.19. Looking at the daily range of 188.63 — 189.19, price has been
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