GBP/JPY pair analysis update on the 4-hour time frame chart.
The Technical analysis of the GBP/JPY pair on the basis of its trend and the support, resistance zone. The dynamic resistance is the first point of interest 195.700. The trend is continuously going forward, but if market go down then we also get reversal from 191.200. First layer of activation is 193.300. Overall the view in bullish the second layer of activation is 191.400.
Trade setup:
Buy Entry; 195.700, 198.200
Stop loss; 190.500
Use proper risk/reward management.
That’s all about my technical analysis, what you think about “GBP/JPY”, write in comment below.
Kindly like 🚀 to support.
The Technical analysis of the GBP/JPY pair on the basis of its trend and the support, resistance zone. The dynamic resistance is the first point of interest 195.700. The trend is continuously going forward, but if market go down then we also get reversal from 191.200. First layer of activation is 193.300. Overall the view in bullish the second layer of activation is 191.400.
Trade setup:
Buy Entry; 195.700, 198.200
Stop loss; 190.500
Use proper risk/reward management.
That’s all about my technical analysis, what you think about “GBP/JPY”, write in comment below.
Kindly like 🚀 to support.
Trade active
It's just for educational purpose. Trade closed: target reached
Thanks 
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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.
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.