GBPJPY - Support and Resistance

GBPJPY is currently at the major support level, breaking and closing below the green box would open up to a bearish run on this pair. At this point it poses a great opportunity to long, however, 137.07 is a strong resistance area, I will shift my stop to entry once the market reaches that level.

Trade active

SLE: 136.83(+1)
TP0: 137.07(+25)0.6:1{Aattained}

Trade closed manually

Market stalled at 137.07 which is a major resistance, trade exited and observe if the market holds well at 136.83, if it does, we will consider re-engaging the trade.

RaynLim

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RaynLim

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