GBP/JPY Intraday Long: Targeting a Break from Range Resistance

GBP/JPYLongIntraday7h ago4 views

Trade Setup

Entry Price

189.3000

Stop Loss

188.1000

Take Profit

191.6000

Risk : Reward

1 : 1.92

RiskReward

Current Market Structure & My Setup


GBP/JPY is currently trading at 189.58, having seen a modest 0.25% gain over the last 24 hours. While the broader trend has been sideways, oscillating within the 188.86 (day low) and 190.3 (day high) range, I'm observing a tactical intraday long opportunity. My analysis suggests a potential push higher from current levels, targeting a break above

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