Today, I am attempting a sell trade on GBPJPY, placing my stop loss at 208.41 and take profit at 207.90. On the M15 timeframe, GBPJPY remains in a bearish trend as it is trading below the MA200; therefore, I believe it is safer to look for selling opportunities for this pair today.
The sell position I opened on GBPJPY hit the take-profit level, resulting in a profit of $2.35. On the M15 timeframe, GBPJPY showed a brief decline but is currently rising again and trading above the MA200.
