British Pound / Japanese Yen
Long
Updated

GBPJPY | Intraday trend trade

74
GBPJPY has broken above a descending trend line on the 4H chart & below.

Scoping down to the 15m chart we can see price clearly respecting the trend line/support area with rejections to the downside.

Aggressive entries would be taken at current market price. For a safer entry, we would look to go long upon a break of the 147.250 area.

Manage your risk professionally when trading this setup.
Trade closed: stop reached

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