Trade_Simple_FX

GBPJPY H4 - Short Signal

Singkat
OANDA:GBPJPY   Paun British / Yen Jepun
GBPJPY H4

Looking like we want to slow down on the gains here amongst a handful of ***JPY pairs, GBPJPY looking like the most attractive for shorts at the moment, but a little more confirmation wouldn't go-a-miss.

Looking at USDJPY and EURJPY respectively, we have seen a downside dump and retest. Seeing shorts out throughout the start of Q3 and a deeper correction to warrant this latest bull rally would make sense to me. But lets see what starts to unfold.

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