GBPJPY – Broke LT support level

The GBPJPY is trading in a bearish market condition, it broke through a very important LT support level (current year low) and it is heading quickly to the next LT support level around 120.31:

As long as the GBPJPY trades below 126.11 I will be looking for short opportunities.

Trade Safe!

Raul Lopez
Forex Training

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .