Goodland_UK

GBP/JPY - Long from support

Long
Goodland_UK Updated   
FX:GBPJPY   British Pound / Japanese Yen
Hello,

This trade was triggered early hours (London time) 21st July.

The price stalled at support and and offered us a clear indecision candle on the daily (marked in yellow)

The trade then triggered a few pips above the peak of yesterdays candle. The target is 1.5R. However JPY foreign bonds news will be monitored throughout the night.

Comment:
1R target reached, trade left open- stop loss moved to entry.
Trade closed: target reached:
Target reached, closed out nicely with 1.5R.

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