ForecastCity

πŸ’‘ 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 (139.0). 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 60.

Take Profits:
TP1= @ 140.00
TP2= @ 140.30
TP3= @ 140.70

SL= Break below S2

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ForecastCity English Support Team ❀️
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Comments

Excellent analysis. Keep it up πŸ‘Œ
+2 Reply
ForecastCity DenizKilicDeniz
@DenizKilicDeniz, Thank you for your comment. We appreciate it
Reply
Cheers πŸ‘
+1 Reply
@Kamryn, Cheers πŸ‘
Reply
I love the idea, as usual great detailed and helpful.
+1 Reply
ForecastCity Kristalyn
@Kristalyn, Thanks for your nice comment.
Reply
Excellent charting πŸ‘Œ
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thanks
Reply
Nice chart! thanks forecast city πŸ‘
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome.
Reply