British Pound / Japanese Yen
Long
Updated

Lingrid | GBPJPY Trend Continuation Opportunity. Long

2 056
The price perfectly fulfilled my last idea. It hit the target level. The market is currently testing a key psychological support level at 193.000, following a period of consolidation after recent bullish momentum. If GBPJPY manages to close above the 194.000 level, it could signal continued upward movement, allowing for a retest of the resistance zone above this level. Given the recent bullish sentiment, a clear break and close above 194.000 would likely set the stage for further bullish moves, potentially pushing the price toward higher levels within the established resistance zone. My goal is the resistance at 194.500

Lingrid | GBPJPY short OPPORTUNITY at 187.000


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Trade closed: target reached
TP hit

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