GBPJPY possible Long scenario Long

British Pound/Japanese YenFXCM

Description

⋅ Oct 10, 2017 8:25 AM

GBPJPY possible Long scenario

Fib extensions plotted
New high since July 2016
Retest of current previous highs
Likely to continue with current up move
Good RR if risk is managed correctly
Higher lows since July 2016 on a daily/weekly time frame
Swing trade opportunity