Hi Traders,
I been covering a few other JPY pairs in my previous blog posts.
Now I will blog about GBPJPY as it is 1 of the popular currency pairs.
My reluctance to short GBPJPY before this was I believe GBPUSD will go up to around 1.32 or 1.33.
So I was waiting for a better higher price before shorting GBPJPY.
Now at 145.76 ish I think it is a good price to go short for 100 to 150pips.
Stop loss will be mid 146.
Good luck to all traders!
I been covering a few other JPY pairs in my previous blog posts.
Now I will blog about GBPJPY as it is 1 of the popular currency pairs.
My reluctance to short GBPJPY before this was I believe GBPUSD will go up to around 1.32 or 1.33.
So I was waiting for a better higher price before shorting GBPJPY.
Now at 145.76 ish I think it is a good price to go short for 100 to 150pips.
Stop loss will be mid 146.
Good luck to all traders!
![](http://www.dukascopy.com/imageserver/img/b2cd4008401d6ce94ffb4649983fe9c6/500_2/image.jpg)