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karzan
Oct 13, 2020 11:44 AM

GBPJPY - BUY Long

British Pound/Japanese YenFXCM

Description

Technically, the price is moving inside an uptrend Parallel Channel, the price rejected the 18 ema exponential because of a bullish momentum. We think it is targeting 139.50 in the coming days. Which gives us a positive sign to buy now by targeting the above-mentioned level, while paying attention to the 136.50 level, where breaking it means failure of this analysis.

Trade closed: stop reached

Comments
JoeSedona
Correct. Looking for Brexit news at the moment. Great analysis
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