GBPJPY short trade on 5/2/25
Pre-Analysis:
- Trade based on H4 timeframe using trend pullback system.
- Chart showing price reacting to resistance area, evidence of buyers getting weaker and sellers taking over this trade.
Entry:
- Entry time around 11:00pm
- The first trade during Asia session around 9:30am. Based on JPY currency, all it's pair show strength.
- Second trade to add position was during London session around 5:45pm. This trade also influenced by important news release related to GBP currency (interest rate) later on.
- At the same time, GBP currency also show weakness across the board.


