GBP/JPY — Neutral Setup (intraday)
GBP/JPYNeutralIntraday4h ago1 views
Trade Setup
Entry Price
189.2000
Stop Loss
189.4000
Take Profit
188.7000
Risk : Reward
1 : 2.50
RiskReward
Technical Analysis
GBP/JPY has formed a strong bullish engulfing on the 1-hour chart. Entry near 189.2 with stop below 189.4.
Fundamental Context
Recent economic data supports a neutral move on GBP/JPY. Central bank policy remains the key driver.
Trade Setup
Position sized for 2:1 R:R. Will trail stop once in profit.
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