GBPJPY Technical Analysis and Trade Idea
Yesterday we have shared with the premium members GBPJPY Long idea, and trade is working as predicted.
And we have published a free trade plan as well.
Dragon break above 149.200 psychological resistance.
149.700 will be the next target of the pair. – Critical Resistance-
150.400 and 150.800 will be the next structural levels.
We predict the main retracement will take place at 151.200 – 151.400 levels as seen on the chart.
We will update the trade for premium members as soon as we see a change on the direction of the movement. We remain Bullish on the pair.
Bullish Dragon @148.900
LONG with Stop 148.500
TARGET: 149.200 AND 149.500
UPDATE: TRADE REACHED THE TARGET.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.