mrleh

GBPJPY setting up nicely for BUYS

Long
mrleh Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY after last the last two weeks, we have one of the trade hit take profit starting the uptrend. The long term analysis for GBP is up up up ever since we saw GBP hitting key areas and points of support last month. After the push towards the high, price broke key area and pullbacked a little towards that very same key area. This is structure trading at its finest. Now we can see the pair continuing the push up during this new york session or the next London/New York session.

GBPJPY BUY
Start: 133.903
stop loss: 133.255
take profit: 137.397

Trade closed manually:
break even hit

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