About one week ago, I told traders to buy GBP/JPY at 133 with long-term target at 145 area. Currently, the buyers from 133 have bagged almost 600 Pips. But, there's no need to worry because GBP/JPY Bulls are strong and they can reach my long-term target at 145.
The Bulls have broken the strong resistance are and now the path of least resistance is to the upside.
So, on correction, the fresh buyers can enter again and ride the next Bullish wave with final target at 145.
The Bulls have broken the strong resistance are and now the path of least resistance is to the upside.
So, on correction, the fresh buyers can enter again and ride the next Bullish wave with final target at 145.
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Related publications
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.