fxtiger777

GBPJPY Rejecting Trendline

Short
FX:GBPJPY   British Pound / Japanese Yen
Looking at the Daily chart we have 4 touches on the ascending trendline. Price retested the trendline and failed to close above. Will look to take this short, stop loss above the second last candle high.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.