Youngking22

GBP/JPY: Bullish Potential

Long
Youngking22 Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBP/JPY recently showcased an impressive performance. After a robust rejection from the previous day's low at 190.358, GBP/JPY surged beyond the critical Fibonacci level of 190.741, setting the stage for a potential bullish breakout.

The anticipation mounts as market watchers eye another thrilling move: a potential surge past the daily high of 191.122. Should a 15-minute candle validate this breakout by both breaking and closing above this pivotal resistance, traders will be primed for action.

With precision and anticipation, I'm assured to enter, aiming for a tantalizing profit target of 191.598.
Order cancelled:
The trade was cancelled because GJ descended, breaching the daily support level.

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