British Pound / Japanese Yen
Long
Updated

GBPJPY Bullish Trade Setup

196
Looking to go long on GbpJpy. Targeting the area around 199.18 for 1:1 risk to reward with stops around 195.07.

Alternatively if we break past 199.18 and close above it with confirmation. We may likely see further gains
Trade active
We've hit the first target and closed 85% of the positions. Keeping the running portion with the stop moved to the break even.
Note
Pound still holding it's own against the yen... more reason to look for longs on pull backs maybe. We shall see. Stay tuned and follow for more great trading setups and opportunities !

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