GBPJPY reached a key level of support back end of last week around the 144.214 area.
Friday's daily candle closed as a Inverted Hammer.
With no UK News to be released for 3 days and only minor JPY news price action should play out.
Looking to either buy on a 4hr Candle close above the resistance level of 144.678 up to 146.524, or a sell on a bearish candle formation if 4hr candle closes below the support level of 144.002 down to 142.588
Friday's daily candle closed as a Inverted Hammer.
With no UK News to be released for 3 days and only minor JPY news price action should play out.
Looking to either buy on a 4hr Candle close above the resistance level of 144.678 up to 146.524, or a sell on a bearish candle formation if 4hr candle closes below the support level of 144.002 down to 142.588
Trade closed: target reached:
Our sell order was triggered, on the 8th August.
TP hit ( 148 Pips ) within 12 hours.
TP hit ( 148 Pips ) within 12 hours.