GBPJPY trade idea
Currency Pair: GBP/JPY
Timeframe: H1
Date/Time of Signal: 20th November 2019 / 1600hrs (SGT)
Review: Overall, GBPJPY have a downward trend below the Strong Resistance level of 141.00 .
At the London market open, a strong downward momentum suggesting weakening of the Pound.
Continuing with the down trend, Trade signaled to sell GBP/JPY (Entry: 140.08) with 3 Take Profit (TP) Targets (TP1: 139.88, TP2: 139.68, TP3: 139.48) and Stop Loss (SL) at 140.38.
Timeframe: H1
Date/Time of Signal: 20th November 2019 / 1600hrs (SGT)
Review: Overall, GBPJPY have a downward trend below the Strong Resistance level of 141.00 .
At the London market open, a strong downward momentum suggesting weakening of the Pound.
Continuing with the down trend, Trade signaled to sell GBP/JPY (Entry: 140.08) with 3 Take Profit (TP) Targets (TP1: 139.88, TP2: 139.68, TP3: 139.48) and Stop Loss (SL) at 140.38.
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