Gol-DTrader

gbpjpy analysis ( long)

Long
FX:GBPJPY   British Pound / Japanese Yen
the Japanese yen is still soft compared to the strong pound , the price have already broken a strong support at 168.70 and is currently retesting it at the smaller time frames ( 15 minutes ) , there is no sign of weakness from the price and I'm expecting it to keep it's bullish rally to try to touch 170.94 and that's like 222 pips opportunity !!

an entry from the current prices looks decent but make sure to keep your stop short and to not greed that much !

I let you with the chart , good luck !


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