GBPJPY Hello traders,
I'd like to share the first trade of the day with you. The setup is a Buy trade on the GBPJPY pair.
Today is the last trading day of the week and we have major economic events on the calendar, including:
🔹 Average Hourly Earnings (MoM)
🔹 Non-Farm Payrolls (NFP)
🔹 Unemployment Rate
So it's wise to remain cautious while executing trades today.
🔍 Trade Details
✔️ Timeframe: 15-Minute
✔️ Risk-to-Reward Ratio: 1:1(me) /1:1.50
✔️ Trade Direction: Buy
✔️ Entry Price: 195.054
✔️ Take Profit: 195.403
✔️ Stop Loss: 194.985
🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes.
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