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 (141.7). 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 55.

Take Profits:
TP1= @ 142.25
TP2= @ 142.50
TP3= @ 142.50

SL= Break below S2

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ForecastCity English Support Team ❀️
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Comments

Brilliant insight πŸ‘ŒπŸ»
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks for your comment. πŸ‘
Reply
you rock
+1 Reply
@Sir_Ray, Thanks πŸ‘
Reply
Interesting idea but didn't go well.
+1 Reply
ForecastCity Best_Forecast
@Best_Forecast, Thank you for your comment. πŸ’ŽπŸ™πŸ’Ž We appreciate it and wish you the best of luck.
Reply
RIGHT! It's a unique forecast. Cheers πŸ‘
+1 Reply
@Kamryn, Cheers πŸ‘
Reply
❄️ Thank you ❄️
+1 Reply
ForecastCity Kristalyn
@Kristalyn, You're welcome. We hope you enjoy it.
Reply
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