Signal_Centre

GBPJPY - Buying a gap fill

Long
FX:GBPJPY   British Pound / Japanese Yen
We look to Buy at 139.50

Trading within the Wedge formation.
The sideways consolidation continued although the market managed to post a significant high at 140.30.
We have a Gap open at 139.47 from 22/11/2019 to 24/11/2019.
Positive overnight flows lead to an expectation of a firm open this morning.
Further upside is expected and we look to set longs in early trade.

Stop: 139.10
Target 1: 141.20
Target 2: 141.60

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.