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ForecastCity_EU
May 26, 2020 3:00 PM

Don't miss the great buy opportunity in GBPJPY Long

British Pound/Japanese YenFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (131.96). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.

Take Profits:
TP1= @ 133.19
TP2= @ 135.44
TP3= @ 137.14

SL= Break below S2
Comments
sara-kian-fx
Thanks for sharing!
Mesutkashmar
Absolutely amazing you guys are doing great job.
ForecastCity_EU
DenizKilicDeniz
Thanks for the tip! And the chart of course
ForecastCity_EU
Kristalyn
thanks for your ideas
ForecastCity_EU
Kamryn
Thanks a lot
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