GBP/JPY at Critical Level — Short Setup Forming
GBP/JPYShortSwing4h ago4 views
Trade Setup
Entry Price
190.5000
Stop Loss
192.7000
Take Profit
186.0000
Risk : Reward
1 : 2.05
RiskReward
Technical Analysis
GBP/JPY has formed a strong double top on the 4-hour chart. Entry near 190.5 with stop below 192.7.
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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