GBPJPY: Still waiting for 163 for the future.
Hello guys,
We had a view before that GJ is going to touch 163 before.
But the way to move up to touch the top is hard and could take few month to do so.
This chart is only for traders that can take 800 pips as sl to capture 1600 pips profit.
RR 2:1 looks good still.
Pounds get stronger and stronger now as the market's expectation for BOE to raise rate soon.
So no surprise that GJ will follow it up.
Less is more!
We had a view before that GJ is going to touch 163 before.
But the way to move up to touch the top is hard and could take few month to do so.
This chart is only for traders that can take 800 pips as sl to capture 1600 pips profit.
RR 2:1 looks good still.
Pounds get stronger and stronger now as the market's expectation for BOE to raise rate soon.
So no surprise that GJ will follow it up.
Less is more!
Comment:
waiting for signals to trade for 300 pips on this pair.
