BobFlynn
Long

GBPJPY - Still bullish

OANDA:GBPJPY   British Pound / Japanese Yen
Hello,

We are bouncing on the 0.618 on the daily chart . It is a bullish sign for me, as even the bad news of this week didn't managed to push deeper that pair.

Entry : 144.30
Take profit : 149.02
Stop : 143.73
Risk/Reward ratio : 7.7

Historically, the pair is still at a very low level. It could be a nice long, especially if we get good news in the coming weeks about Brexit.

I aim for a retest at least of the previous top around 149.

MACD just resetted to 0 level, it's a healthy move if it bounces up here.

If you made money on this trade, please mind dropping a like :)

Trade active: And moving in the good way :)
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