If you like to trade the GBPJPY you are going to like this…

Written by Raul Lopez on . Posted in Trades & Analysis

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?

Trade Safe!
Raul Lopez


Tags: ,

Raul Lopez

I've been trading the forex market for more than 11 years. All my trades are based on price action. Check out my Forex Coaching program, I can help you develop a system that helps you trade consistently.
Raul Lopez Forex

Trading should be simple

I like to trade using simple tools such as support and resistance levels, candlesticks, price action and others. If you like simplicity, you'll love my Forex Coaching. Read more about me.

If you have any question about anything, please feel free to contact me at: info@straightforex.com or call +1 518 300 3828

StraightForex on Facebook StraightForex on Twitter Call me on Skype Grab my RSS StraightForex on Google+ StraightForex on YouTube