EYFMarkets

GBPJPY Idea

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FX:GBPJPY   英鎊 / 日圓
G'day, Guys.

Today I sharing One of my Daily analyses which is GBPJPY (Cross Pair)

Based on the Bigger timeframe, it's clearly shown the downtrend pattern forming. From here I am personally, looking for a Short position with proper risk management by applying Lot Distribution Strategy.

I will be targeting Take Profit at 149.193 Price tag with tight Stop Loss at 152.390

Entry zone will be at a few levels 151.534, 151.674, 151.937 & 152.200.

Remember, trade with your own risk tolerance and dance with the market.
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