A good sell - pound/yen

Pound/Yen has had a decent rally last week and has been stable all through starting of this week , but it failed to break above the resistance of 153.85/95 area mutiple time in wekkly TF. The pair is a good sell now at 152.7 with a clear stop of 154 , expecting prices to test supports at 151.7 , 151 , 150.6 levels in the coming days to weeks.

Fayaz Sadik Sait


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Disclaimer :- Trading is not for the weak hearted , Trading these instruments involves high level of risk and losses can exceed capital (depending on your FX Broker).My advises should be used as a medium to learn and not as a medium to get RICH.I dont have any formula for anyone to get RICH. I shall share no responsibility for anyone's profit or losses.Once again Trading is not for everyone.