British Pound / Japanese Yen
Long
Updated

GBP JPY ENTRY point 190700Target 191700 Stop LOSS 190.000

67
Here's a breakdown of your GBP/JPY trade setup:

Entry Point: 190.700

Target (Take Profit): 191.700

Stop Loss: 190.000


Trade Summary:

Risk (SL): 70 pips

Reward (TP): 100 pips

Risk-Reward Ratio: 1:1.43 — a favorable ratio.


Analysis:

Make sure there is momentum behind the breakout above 190.700 (check volume and trend).

Confirm with indicators like RSI (not overbought), MACD (bullish crossover), or support/resistance zones.

If price nears 190.000 support repeatedly, reconsider the long entry or adjust your SL tighter.


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