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Jhonny3

A reversal is coming on the pair

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Jhonny3  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Fibonacci Support and Resistance Forex ideas fibonnacci
9
0
trendanalysis fibonacci supportandresistance forex ideas fibonnacci
Hello ,

Price is bouncing through a bullish channel and is reaching near 50% Fibonacci level which corresponds to the resistance at 138.00
We are waiting for the 9, 21 EMA for a second confirmation near the resistance before we take the trade.

TP1 -> 136.750
TP2 -> 135.400

* First post !

Let's see how will play out.
GBPJPY
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