GBPJPY, buy setup

FX:GBPJPY   British Pound / Japanese Yen
135 0
Last week there was some good buying off previous support level around 0.618 fib, now on towards breaking the 0.5fib level.

Place your buy stop just above it and make sure your stop loss is sufficiently far away to manage some possible volatility with Brexit negotiations going on.

Target for this swing is around the 152 mark, be aware of the resistance levels in between and watch price action for possible early TP.

Good trading all!
Comment: waiting..
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