British Pound / Japanese Yen

Long

GBPJPY is looking nice

By TraderMichealB

Updated

Pound/yen looks like forming down channel, before going long look for nice bullish confirmation on 1H chart. like bullish engulfing candle hanging man etc. or better look for candlestick formation withing 15 min candle to go long. The BIAS is long on pound/yen because pound/us dollar is showing nice rejection at support too.

Happy trading, 100pipFX

Trade active

ep - 150.40
sl- 150.15
tp- 151.40

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