YourLazyTrader

GBPJPY uptrend is likely to continue but be careful

YourLazyTrader Updated   
FX:GBPJPY   British Pound / Japanese Yen
It looks like GBPJPY's uptrend will continue. However, buyers must be careful and watch the 138 area. The price must stay above 137.80 level, which is the confluence of the 100H EMA and the support level.
If price stays above the support level, then we can expect a continuation of the uptrend to 139.20 level.
I have already bought at 137.85 and currently holding this trade.
Comment:
60 pips profit
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