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KaltoireCapital

GBP/JPY 600 Pips bagged, another 700 Pips still left to grab

Long
British Pound / Japanese Yen (FX:GBPJPY)  
KaltoireCapital  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns GBPJPY gbpjpyanalysis gbpjpylong gbpjpyprediction
91
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trendanalysis chartpattern gbpjpy gbpjpyanalysis gbpjpylong gbpjpyprediction
About one week ago, I told traders to buy GBP/JPY at 133 with long-term target at 145 area. Currently, the buyers from 133 have bagged almost 600 Pips. But, there's no need to worry because GBP/JPY Bulls are strong and they can reach my long-term target at 145.
GBP/JPY Are Bulls targeting 145 ?
The Bulls have broken the strong resistance are and now the path of least resistance is to the upside.
So, on correction, the fresh buyers can enter again and ride the next Bullish wave with final target at 145.

Related Ideas

KaltoireCapital
GBPJPY Bulls break important Resistance Level.
KaltoireCapital
GBP/JPY Are Bulls targeting 145 ?
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