S4kib

GBPJPY Trade Idea - Long

Long
FX:GBPJPY   British Pound / Japanese Yen
Rapid increase of price of GBPJPY can be seen yesterday. There are still some rooms for the price to increase.
Pending order of buy will be placed on price retracement, expecting the price to retrace around 144.250, with stop loss around 143.7. Take profit will be at around 145.730.
Price break 145.75 will expose second take profit area, around 146.250.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.