GBPJPY SHORT SELL BEFORE LONG BUY

Hey Traders,

Hope you are having a nice trading week. Here are my analysis for GBPJPY pair.

The Why:
1: RSI overbought (Daily Chart)
2: Need to test 50 EMA (Daily Chart)

Zlecenie aktywne:

1: 14 Ema cross over 50 Ema (1Hr Chart)
2:Tested previous Resistance Area
3: RSI oversold (1Hr Chart)

TP:146.127
SL:141.875

This is my personal view on this pair.FX is highly risky.Trade at your own risk.
Good Luck