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British Pound / Japanese Yen
Long

#GBPJPY: Hoping Price to Range from 193.00 to 207.00! SwingTrade

By Setupsfx_
Updated
GBPJPY

Our last idea is going good towards our target with 455+ pips in positive. We ideally expect price to continue the bullish move in this idea after recorrecting at 191.00. First take profit area will be at 198.00 which will be a worth of 700+ pips move. And then the final target will be at 207.00 which will be a total worth of 1600+ pips. Good luck.
Trade closed: stop reached
Price did not respect the area that we first had identified. There are several reasons behind this first JPY reversed back to previous higher high which led JPY pairs to drop heavily.
AB=CDFundamental AnalysisGBPJPYgbpjpyanalysisgbpjpydailygbpjpyforecastgbpjpyideagbpjpylonggbpjpy_outlookgbpjpypredictiongbpjpysignalSupply and Demand
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