GBPJPY - TRADE SCENARIO (1H)

https://www.tradingview.com/x/pLXGLUdV/

We are waiting GBPJPY price to drop to 148,361 were there is a key support. Also, at the support level we can identify an enter on the 61,80% - 78,60% of the fibonacci retracement.

We set our TakeProfit on the resistance of 150.417 and our StopLoss at 148.111, a few pips before the latest minimum.

FibonacciGBPJPYgbpjpylongSupport and ResistanceTechnical AnalysisTrend Lines

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