Weekly GBP/JPY Outlook: Short Opportunity

GBP/JPYShortSwing4h ago1 views

Trade Setup

Entry Price

188.7000

Stop Loss

190.7000

Take Profit

184.8000

Risk : Reward

1 : 1.95

RiskReward

Technical Analysis

Key support at 187.05 is holding. Resistance at 189.51 is the target.

Fundamental Context

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

Trade Setup

Risk:reward is 2:1. Stop loss at 190.7, take profit at 184.8.

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