Seafair-Capital-Management

GBPJPY 4H Potential Short

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY has been forming bearish momentum recently on the 4 hour chart, I have added some support levels on the 4 hour chart. I think if we can break the 1st support level it is possible to fall to the next support level. The RSI has been moving lower as well as stochastic momentum. I have taken a short position here recently, I will update this post for a take profit or stop out.
Trade closed: target reached

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