GBP/JPY: Breakout is imminent! Check out why!

Long

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

Trend Analysis Chart Patterns Parallel Channel GBP jpy GBPJPY buy Bullish Patterns setup pattern

trendanalysis chartpattern parallelchannel gbp jpy gbpjpy buy bullish setup pattern

Hi guys,

Been long on GBP/JPY since yesterday.

The pair broke a resistance which should - technically - act as a support now.

I will add more to my longs as soon as the pair breaks its resistance - around 136.050 - and will target the next one around 137.400 - 137.550 area.

Trade at your own risk

Comment:

Currently watching this:

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Adding to my longs

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Nice 1H confirmation candle

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Buyers are now in full control of the pair

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re test of the support, *** adding to my longs ***

Comment:

Still long. GBP being heavily manipulated

Trade closed: target reached

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