GBPJPY bullish reversal in play. Long from support!

248
Hey traders,

GBPJPY has hit a key support zone, and I’m anticipating a strong bounce from this level. A powerful bullish engulfing candle has just formed on the 4-hour timeframe, swallowing the last three candles—a clear sign of buying pressure!

💡 Trading Idea:
🔹 Entry: Long from 192.90
🔹 Target 1: 193.935
🔹 Target 2: 195.959 (Major resistance)
🔹 Stop Loss: 191.998 (In case support fails)

⚠️ Remember to stick to your trading plan and manage your risk accordingly. This setup presents a great opportunity, but always trade responsibly!

🔥 If you find this idea useful, give it a boost—your support is greatly appreciated! 🚀

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.