SamKent

GBP/JPY buy level

Long
FX:GBPJPY   British Pound / Japanese Yen
0
We're currently waiting on the GBP/JPY to reach out desired buy level. We have our limit orders set up, planning to cash 1/2 of the position back at the recent supply level, after which we intend to move stop to break even and aim for the swing highs around 189.500. Our initial stop is about 45 pips, with an initial target of about 100 pips.

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