GBPJPY is holding support at the 150.50 level. Price is making higher highs and higher lows on the daily time frame confirming ascending channel, we would have liked to get an entry a lot closer to support channel line but we were given a price action signal that we cannot ignore. Trade Entry-145.82 Stop Loss-145.38 TP1-147.00 TP2-148.00 TP3-149.00 TP4-150.00 hitting our ascending channel line. Will GBPJPY trade higher or turn and trade lower to our support channel line ?
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