British Pound / Japanese Yen
Long
Updated

GBPJPY Breakout Ascending triangle & down word watch resistances

97
GBPJPY Trade Setup

Breakout Alert: GBPJPY has broken out of an ascending triangle pattern and a downtrend line on the 4H timeframe — confirming strong bullish momentum.

Entry: Current price around #190.800

Second Entry (if retracement): Near DEMA support at #189.500

Technical Targets:

1st Target: #191.700

2nd Target: #192.500

3rd Target: #193.000

4th Target: #194.900

5th Target: #195.700

Structure: Breakout confirmed. Look for entries on pullbacks toward support or continuation patterns.

Bias: Strong Buy
Trade active
#Trade Update:

GBPJPY first target successfully hit!
Currently running with 90+ pips in profit.
Great momentum — trade management in progress!

#Forex #GBPJPY #TradingUpdate #Pips

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.