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PatrickFXKG

potential long position after election in GB

Long
British Pound / Japanese Yen (FX_IDC:GBPJPY)  
PatrickFXKG  
FX_IDC:GBPJPY   British Pound / Japanese Yen
GBPJPY gbpjpylong
3
0
gbpjpy gbpjpylong
The pair can stay in the channel and have a big move down because of the uncertainty of the election and the political situation in GB. It can move down to the 139-138 area which coincides with the 70%-78% fibonacci levels of the last move upwards, the trend zone support and support zone to trigger a long position
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