Short Sell Idea in GBPJPY: Simple Setup

The pair has swiftly moved downside on increasing volume while the price has also crossed and remained below 20 sma. RRR is above 3 in this trade.

עסקה סגורה: הגיע לסטופ:

We stopped out on this trade; however, the bias is still bearish. We will look for a fresh entry following updates of GBP/USD and USD/JPY.