Charlieab94
Short

GBPJPY Short Trade *BEARISH TREND CONTINUATION*

OANDA:GBPJPY   British Pound / Japanese Yen
Here is a simple short trade set up for GJ based on the current downtrend making lower highs and lower lows on all timeframes.

I am looking for a pullback up to the prior support now resistance at 138.00

This price level coincides with the 1hr fib 0.618 retracement level and the 50ema should be around there too.
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