Trading GBP/JPY: Short Entry Near 189.6

GBP/JPYShortIntraday2h ago1 views

Trade Setup

Entry Price

189.6000

Stop Loss

190.3000

Take Profit

188.1000

Risk : Reward

1 : 2.14

RiskReward

Technical Analysis

Key support at 188.95 is holding. Resistance at 189.87 is the target.

Fundamental Context

Recent economic data supports a short move on GBP/JPY. Central bank policy remains the key driver.

Trade Setup

Entry at 189.6 with stop at 190.3 gives a clean 2:1 ratio. Target: 188.1.

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