GBPJPY has formed a price action reversal pattern on its hourly chart.
The price is trading below the Breakout: 161.845.
Stop below the low previous to breakout .
target1:
62%: 164.063
79%: 164.677
Target2:
127%: 166.420
162%: 167.624
The price is trading below the Breakout: 161.845.
Stop below the low previous to breakout .
target1:
62%: 164.063
79%: 164.677
Target2:
127%: 166.420
162%: 167.624
Trade closed: target reached
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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.