Sulemank

GBP/JPY Long Price Action

Long
FX:GBPJPY   British Pound / Japanese Yen
Price currently hovering at the 0.38 fib retracement zone, looking for further bullish price action on this pair as per long term key support and resistance zones on higher time frames on Weekly, Daily.

Allow for confirmation of price before entering.

Target 61.8 Fib (142.325) following to next Resistance zone 144.507

Stops - no more than %2 of capital risked per trade

£10,000 / 100 X 2 = £200 / Pip Stop Loss