The GBPJPY pair continued to form strong bullish waves recently, touching our target, which is 198.28, and maintaining stability above it.
We have two scenarios: Firstly, as a correction, the price falls to 198.28, then starts to rise towards the resistance level of 199.47. Of course, by breaking 199.47 and maintaining stability above it, the bullish trend will be confirmed, and 200.59 will be our target.
Second scenario: After reaching 199.47, the price will fall below 198.28 and fall to 196.85.
We have two scenarios: Firstly, as a correction, the price falls to 198.28, then starts to rise towards the resistance level of 199.47. Of course, by breaking 199.47 and maintaining stability above it, the bullish trend will be confirmed, and 200.59 will be our target.
Second scenario: After reaching 199.47, the price will fall below 198.28 and fall to 196.85.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
