Hi Traders,
This trading idea is based on technical analysis. As shown below, GBP/JPY has broken above 189.755 (a key level breached hours ago), signaling strong bullish momentum and a potential short squeeze. This could drive the pair toward 191.347, 192.151, and 192.950.
Entry Zone: Consider buy orders between 188.957–189.755.
Stop Loss: Place at 188.164 to limit downside risk.
Monitor price action closely—breaching these levels may confirm upward acceleration
This trading idea is based on technical analysis. As shown below, GBP/JPY has broken above 189.755 (a key level breached hours ago), signaling strong bullish momentum and a potential short squeeze. This could drive the pair toward 191.347, 192.151, and 192.950.
Entry Zone: Consider buy orders between 188.957–189.755.
Stop Loss: Place at 188.164 to limit downside risk.
Monitor price action closely—breaching these levels may confirm upward acceleration
Trade closed: stop reached
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.
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.