GBP/JPY Trade Idea — Long from 188.1

GBP/JPYLongSwing3h ago4 views

Trade Setup

Entry Price

188.1000

Stop Loss

186.5000

Take Profit

191.3000

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Key support at 187.44 is holding. Resistance at 189.43 is the target.

Fundamental Context

The macro environment favors long positions on GBP/JPY. Keep an eye on upcoming data releases.

Trade Setup

Entry at 188.1 with stop at 186.5 gives a clean 2:1 ratio. Target: 191.3.

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