ForecastCity_ME

Don't miss the great buy opportunity in GBPJPY

Long
FX:GBPJPY   British Pound / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (138.3). 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 65.

Take Profits:
TP1= @ 139.15
TP2= @ 139.72
TP3= @ 140.90
TP4= @ 142.05
TP5= @ 143.35

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

Comprehensive analysis. 👍
+2 Reply
@Sir_Ray, Thank you! We appreciate your comment.🙏
Reply
Thanks for sharing
+2 Reply
@Kristalyn, Happy to help!
Reply
Thanks for your ideas.
+1 Reply
ForecastCity_ME Josef_anderson
@Josef_anderson, We appreciate your comment
Reply
Very accurate. Thanks a lot
+1 Reply
@Kamryn, You're very welcome! 🍀
Reply
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