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ForecastCity
May 26, 2020 2:58 PM

Don't miss the great buy opportunity in GBPJPYΒ Long

British Pound/Japanese YenFXCM

Description

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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
Best_Forecast
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Thank you for sharing this Amazing content.
Best_Forecast
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I really wonder how amazing you are. 🌟🌸🌟🌸🌟🌸
ForecastCity
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@Alexander_007, πŸ‘
Shiva_forex
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Great analysis
ForecastCity
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@Shiva_forex, πŸ‘
germalicious
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Thank you
ForecastCity
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@germalicious, πŸ‘
Mesutkashmar
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Thanks a lot
ForecastCity
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@Mesutkashmar, Any time
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