GBP/JPY Analysis: Short Bias This Week
GBP/JPYShortSwing4h ago0 views
Trade Setup
Entry Price
189.3000
Stop Loss
189.6000
Take Profit
188.7000
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
Looking at the 4-hour chart, GBP/JPY is showing a clear double bottom pattern near the 189.3 level.
Fundamental Context
Economic indicators suggest GBP/JPY is positioned for a short move in the coming swing.
Trade Setup
Risking 1-2% of account on this setup. Clear invalidation below 189.6.
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