GBP/JPY Trade Idea — Short from 189.1
GBP/JPYShortSwing3d ago5 views
Trade Setup
Entry Price
189.1000
Stop Loss
189.2000
Take Profit
188.9000
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
GBP/JPY has formed a strong reversal on the 4-hour chart. Entry near 189.1 with stop below 189.2.
Fundamental Context
Recent economic data supports a short move on GBP/JPY. Central bank policy remains the key driver.
Trade Setup
Position sized for 2:1 R:R. Will trail stop once in profit.
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