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YongLiang

GBP/JPY, DAY CHART, LONG (5-DEC-2016)

Long
British Pound / Japanese Yen (FX:GBPJPY)  
YongLiang Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY gbpjpylong gbpjpydaily gbpjpyprediction gbpjpyanalysis Good Risk/Reward swingtrading gbpjpyforecast bestbuy
3
0
gbpjpy gbpjpylong gbpjpydaily gbpjpyprediction gbpjpyanalysis goodriskreward swingtrading gbpjpyforecast bestbuy
-GBP/JPY manages to break the previous support zone strongly.
-There is less resistance on the upside.
-Risk to Reward Ratio is 1:2

We are bullish on this trade.

EP: 145.486
SL: 141.841
TP: 153.625

Btw, this trade got little positive swap :)
Comment:
If the price pull back to the support zone, it will be good to long again :)

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