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ForecastCity
Sep 28, 2020 11:41 AM

Don't miss the great buy opportunity in GBPJPY Long

British Pound/Japanese YenFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (134.85). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 136.00
TP2= @ 136.40
TP3= @ 136.80

SL= Break below S2

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Comments
Imranhasan999
now entry buy? pls someone give me sl tp and entry point pls
ForecastCity
@Imranhasan999, Thanks for your comment. Please read about the entrance area of intraday forecasts here;

forecastcity.com/en/node/120
Pro_Trader_007
It's a good choice. 👍
ForecastCity
@Pro_Trader_007, Thanks ❤️
Pro_Trader_007
I agree with your technical analysis.
ForecastCity
@Pro_Trader_007, We hope you enjoy it.
Pro_Trader_007
Thanks for the new idea on GBPJPY.
ForecastCity
@Pro_Trader_007, You're welcome.
sara-kian-fx
You are one of my favorite analysts!
ForecastCity
@sara-kian-fx, It's our pleasure.
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