Hello traders, in today's trading session my team and I are monitoring GBPJPY for a potential trade setup.
At the moment GBPJPY has been very bullish, retesting the high on the weekly timeframe - which doubles as a minor buyers territory OR money spot.
Pip Regards, DayBot6.
It’s getting a great support previous resistance.
We might see this bad boy getting at previous resistance 2.50-3$.
The risk and reward is also great. Eth it has been dealing with a lot demand as well
News for conservative traders -
Short now with target @1.09400 or maybe lower (use Trailing Stops) and conservative stops at @1.10800.
For explanations, watch out for my posts coming later.
