GBPJPYIn the current market, an opportune zone for purchasing GBP/JPY has emerged at a value of 190.90, presenting a promising entry point.
🛡 At an entry price of 190.90, one can initiate a strategic position within this zone.
✅ Positioned for profit-taking, targets are set at 191.50 and 192.00, offering potential gains.
✅ Additionally, a third profit-taking opportunity arises at the level of 192.50, enhancing the potential return on investment.
⛔ To mitigate risk, a stop-loss order is recommended at 189.90, safeguarding against adverse market movements.