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Modou_FX

GBPJPY LONG

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Modou_FX  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Fibonacci marketstructure breakandretest Fibonacci Retracement 618 Fibonacci Retracement priceaction gjlong GBPJPY
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trendanalysis supportandresistance fibonacci marketstructure breakandretest fibonacciretracement 618fibonacciretracement priceaction gjlong gbpjpy
GJ has broke and retested resistance at 139.430 region, which aligns perfectly with the 50.00% fib retracement level.
Price has been showing strong rejections at this support level so I am anticipating a continuation to the upside.
Currently awaiting market open & a small retracement before entering, for a better Risk-Reward.

Targeting - High at 140.400
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