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British Pound / Japanese Yen
Long

GBPJPY (W) - Buy now

By forex47_
  • GBPJPY continues to rise after 18 weeks of price adjustment

  • The correction reached ~5%, showing that the uptrend is still very strong

  • The nearest strong resistance lies at 180.265-181.805
    coincides with the Fibonacci Expansion [zone 1 (181.153)]

  • Buy at current price 157.4-157.5
    TP at 180.265
    SL at 147.304
FibonacciSupport and ResistanceTrend Analysis
forex47_
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