British Pound / Japanese Yen
Long
Updated

GBPJPY: Short-Term Trading Setup - LONG

1 061
GBPJPY: Short-Term Trading Setup - LONG

GBPJPY was moving in a narrow zone for days and we can see that the price just confirmed a bullish movement.

The breakout looks strong indicating that GBPJPY may rise further from this zone.

I am looking at for short term targets:

Main targets:
214.00
214.50

You can find more details on the chart.
Thank you and good luck! 🍀

⚠️PS: Do your own analysis and use your own strategy to join the trade.
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Note
📣JPY started to show weakness today, contradicting the BOJ decision, putting the BOJ back on alert.

The BOJ is still on vacation, so bulls may keep the price under control in the short term.
Trade active
snapshot

Target_1 reached:)
Trade closed: target reached
snapshot

Target_1 reached.

We had a bigger decline today and as I explained the bulls had the price control only in the short-term

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