GBPJPY - Potential Buy
Updated
Trading Plan with LT
Manage it Well
Lorenzo Tarati
ps: comments are welcome
- Price Action: Price has been impulsively pushing down since 01/09/20 and made a low on the 22/09/20. The expectation is for the price to make a new Low. However it looks like it is not ready to make that new low since 30/10/20. So the Belief is that price might go back up to break "TP1" or even better to fib retracement of the golden ratio 0.618.
- Fundamental: GBP has a few high impacting news coming up this week that might help the Pound to get stronger.
Manage it Well
Lorenzo Tarati
ps: comments are welcome
Trade closed: target reached
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