Weekly GBP/JPY Outlook: Long Opportunity
GBP/JPYLongIntraday5h ago2 views
Trade Setup
Entry Price
189.2000
Stop Loss
188.7000
Take Profit
190.2000
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
GBP/JPY has formed a strong bullish engulfing on the 1-hour chart. Entry near 189.2 with stop below 188.7.
Fundamental Context
Economic indicators suggest GBP/JPY is positioned for a long move in the coming intraday.
Trade Setup
Risking 1-2% of account on this setup. Clear invalidation below 188.7.
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