GBP/JPY

Jul 27, 2020

We could possibly see a break of the 135.200 area we are currently at a 61.8 retracement Fibonacci level as well as a QP level so we could go straight up or we could re-trace a little bit more we could even retrace down to the 134.000 area to drive back up. I am still bullish on this pair until the market tells me otherwise we haven’t broken any major level of structure to turn into a bearish market as of yet.

Aug 1, 2020

Trade closed manually

I hit my target and then some. I let a runner stay in and it was a great trade. Hit right at my Weekly resistance level to the mark. What a great way to end the week.