British Pound / Japanese Yen
Short
Updated

Good SHORT opportunity ...

84
After the deep correction ( on my last analysis), now we have another opportunity to enter SELL on GBP/JPY , after the breakout of the new uptrend, GBP/JPY retraced on 50% fibonucci ...
Entry point: 141.818
Stop loss: 142.245
Take profit 1 : 141.117
Take profit 2: 140.554
Take profit 3: 140.206
Note
Target 1 : reached
Due to Retail sales news which camed out positive we will see a little up correction of 40~45 pips and then we will go down another time ...

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.