British Pound / Japanese Yen
Long
Updated

FINAL Support Zone: BUY GBPJPY, Low Risk Trade

369
As I mentioned in my previous idea, GJ has two support zones. The first support at 144.80 failed and now we can back to the major support at 143.80-144.10. The number 144 is very important. Not only has it supported the price recently, even in 2017 and 2018, 144 acted as a major support.
So, in my opinion, traders can buy with low risk at this support zone between 143.80-144. TPs can be set at 145.20 and 146.70 respectively.
SL should be placed at 143.50
Trade active
Bought at 143.97.
SL :143.50
Trade active
Trade running with 70 pips profit
Note
Trade in 240 pips profit. Going towards TP2

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