GBP/JPY Bullish Continuation: Targeting a Break Towards 194 on Intraday Pullback

GBP/JPYLongIntraday1w ago8 views

Trade Setup

Entry Price

189.6000

Stop Loss

187.4000

Take Profit

194.0000

Risk : Reward

1 : 2.00

RiskReward

GBP/JPY Intraday Long Setup Overview


Good morning, KoraFX community! Diving into the charts this morning, my focus is on GBP/JPY, a pair I frequently trade. The current price sits at 190.02, reflecting a healthy 0.49% gain over the last 24 hours, confirming the established bullish trend. My analysis indicates a high probability zone for a long entry on a slight pullback, aiming to capitalize on this momentum. I'm looking for an intraday long setup with an entry at 189.6, a stop loss strategically placed at 187.4

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