faylee

GBPJPY**Buy after retracement done

Long
faylee Updated   
FX:GBPJPY   British Pound / Japanese Yen
Daily chart: It's now on wave 2 retracment of Wave iii, buy after retracement done.
Estimated Entry1: $141.8;Entry2: $139.5
SL:$138
Tp1:$148.5-149.7
Tp2:$155.8-157
Tp3:$162.8-163.5

The Fundamentals:
Jun 8,United Kingdom general elections
Jun 15, BOE rate decision meeting:
In May meeting,BOE said the timing of the first rate hike will be in the Q4 of 2019, and the tolerance is limited for the inflation being higher than the target. if the Bexit process, may accelerate the pace of rate hikes.
Trade active:
142.413
Comment:
added141.9
Comment:
added $140.989
Comment:
take care of $141.8-142 resistance
Comment:
took some profits at $141.8 already, will add more after the trending were confirmed.
Trade active:
added 141.8
Trade active:
it finally hit our entry 2:$139.5
i longed small lots at $139.9
Trade closed manually:
Took profits. GU is still bearish, and JPY possible will bounce.

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