The GBPJPY is the currency pair I like the most today, and it will be like this for at least until the end of the week…
It is trading in a very clear bearish market condition and I’m looking already for short opportunities.
Here is what I’m waiting for:
Even if it doesn’t retrace that far, I’ll keep monitoring it and if I see any kind of downward pressure, I’ll go short.
Are you trading the GBPJPY?