Ryan_lopes

RECTANGLE CHANNEL BREAKOUT IN GBPJPY (H1)

Long
FX:GBPJPY   British Pound / Japanese Yen
Hello guys, here is our analysis on GBPJPY . As we can see that the pair was in a rectangle channel for a long time and now has broken out of it. Itt started its journey on upward side. As you can see in the chat that the black line is the possible move that it the pair can go till the resistance.

One can buy by keeping TP=128.800 and SL= 126.046

Views welcome. Thanks.

Ryan.R.Lopes
Trade closed: target reached: Enjoy your weekends

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