GBPJPY on H4

2019-12-18 15:05:26

Looking to short the pair from the retest of the daily previous support, now resistance area of around 143.900 - 143.950 (143.942 on my chart to be exact). A short entry with TP 1 at 142.500 (current H4 support) and if price continues lower, then TP 2 at weekly support price at around 141.650.

Analysis based on price action and fundamentals of a weakening pound thus far.