GBP/JPY (Bulls are in fighting back)

View On GBP/JPY (16 Feb 2019)

We had a strong swing last week on all GBP related pairs.
As of Friday candle, it is confirmed that 141 level is strong support and it ends with a rather bull momentum.

So, we are seeing a possible further upside.

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Our Analysis
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LONG (entry is valid as long as the price is above 141.1)
SL 139.1

TP1 143.1
TP2 144.1
TP3 144.7
TP4 145 (This will be one tough resistant regions)


Do your own due d diligence (DYODD), All the best and Read the disclaimer.
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Comment:

Updated View On GBP/JPY (19 Feb 2019)

Congrats to who follow our analysis!
TP1 is hit.
Let's see, how far this baby can rise. But be careful as always as well.

Comment:

Updated View On GBP/JPY (20 Feb 2019)

Congrats to who follow our analysis!
TP2 is hit. +200 pips run.

Let's see, how far this baby can rise. But be careful as always as well.

Comment:

Updated View On GBP/JPY (20 Feb 2019)

Congrats to who follow our analysis!
TP3 is hit.

If you are not in the trade yet, do not chase without considering the risk.

Trade closed: target reached:

Updated View On GBP/JPY (21 Feb 2019)

This pair is very likely to go into range or pull back mode after hitting strong TP/resistant levels.

Take the money and stand aside first.