Weekly GBP/JPY Outlook: Short Opportunity

GBP/JPYShortIntraday2h ago1 views

Trade Setup

Entry Price

190.2000

Stop Loss

191.9000

Take Profit

186.8000

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Key support at 188.74 is holding. Resistance at 190.88 is the target.

Fundamental Context

Economic indicators suggest GBP/JPY is positioned for a short move in the coming intraday.

Trade Setup

Entry at 190.2 with stop at 191.9 gives a clean 2:1 ratio. Target: 186.8.

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