FX:GBPJPY   British Pound / Japanese Yen
Hey guys,this is the first time of me publishing idea on Tradingview & the first post of Forex Currency Analysis.

The pair we are seeing is the GBPJPY , from the daily chart we can see the GBPJPY has dropped from the high of 156 to the low of 140.

The 140 area has been a very strong demand zone , where buyers are placing huge Long orders to prevent the sellers dumping.

After the bounce from 140 area, we see a steady uptrend towards the current price 148 area.

We may see the Uptrend will keep going up until we hit the Supply area of 153.

A long from here with a StopLoss at 147 & TP @ 153 could be a quite attractive trade with R:R ratio of 2.75.

Here is just my analysis,dont take it as a financial advice :)

& dont forget tonight's NFP where we could see a huge movement incoming.

Happy Trading :D
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