GBPJPY: Our Bias Has changed, We are now targeting 190.00 area.

GBPJPY price breakthrough and left very strong lows, in our view, price will remain bullish. There are two possibilities at the current area, price can just shoot up to 187-188 price area. Or drop in the region of 180 and then bounce back from there. However, JPY pairs move fast and most of the time when they leave strong lows or highs they create a big move.

For these reason we are bullish.

Trade active:

190+ PIPS Moving Well, from our entry zone.

Comment:

570+ PIPS Close 50% of your positions

Comment:

Possible a new entry at current price region of 188.20 and targeting 190.00 as our main target and then 192.00 another target.

Comment:

Price did a major correction, possible 190.00 region to get hit within next week. Or following week.

Trade closed: target reached:

842+ pips target hit successfully.