GBP/JPY: Counter-Trend Long Setup from Key Support – Awaiting Reversal

GBP/JPYLongSwing4h ago1 views

Trade Setup

Entry Price

187.8000

Stop Loss

185.6000

Take Profit

192.2000

Risk : Reward

1 : 2.00

RiskReward

Technical Setup: Pinpointing the High Probability Zone


Looking at GBP/JPY, we've seen a clear bearish trend recently, with the pair down -0.48% over the last 24 hours, currently trading around 188.19. The daily range has been significant, spanning from 186.82 to 189.

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