GBP/JPY (Daily Chart) - Good Chance to Short?
This pair has been exhibiting a typical downtrend (lower highs and lower lows), which makes it a good short candidate.
Price has now pulled back to the resistance level, and is unable to cross above it after a few failed attempts.
This is a good chance to take a high probability short trade.
Price has now pulled back to the resistance level, and is unable to cross above it after a few failed attempts.
This is a good chance to take a high probability short trade.
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