Newmans.Analysis

GBPJPY - Possible short setup

Short
FX:GBPJPY   British Pound / Japanese Yen
I am waiting for the Daily candle to close before looking to short the GBPJPY. The descending trendline seems to be holding nicely, also with a rejection from the 61.8% Fibonacci. 215 minutes remaining in this daily candle.
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