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YourLazyTrader
Aug 5, 2020 6:42 AM

GBPJPY uptrend is likely to continue but be careful 

British Pound/Japanese YenFXCM

Description

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
Comments
JoeSedona
Thank you. I’m awaiting this uptrend continuation.
YourLazyTrader
@JoeSedona, It already reached the target :)
JoeSedona
@JoeSedona, so it hit and is retracing? I may stay in to try to break this 139
mxginez3
I just followed you on Telegram
YourLazyTrader
@mxginez3, cool
hasitha_max
You have always accurate ideas.thanks
YourLazyTrader
@hasitha_max, Thank you
FelainiM
Good idea. I agree
YourLazyTrader
@FelainiM, Thank you
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