GBP/JPY Analysis: Long Bias This Day

GBP/JPYLongIntraday5h ago4 views

Trade Setup

Entry Price

189.3000

Stop Loss

188.2000

Take Profit

191.4000

Risk : Reward

1 : 1.91

RiskReward

Technical Analysis

Looking at the 1-hour chart, GBP/JPY is showing a clear continuation pattern near the 189.3 level.

Fundamental Context

Economic indicators suggest GBP/JPY is positioned for a long move in the coming intraday.

Trade Setup

Entry at 189.3 with stop at 188.2 gives a clean 2:1 ratio. Target: 191.4.

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