FX.co ★ GBP/JPY bounced perfectly above first support, potential for further upside!

Trading Recommendation

Entry: 141.120

Reason for Entry: 100% Fibonacci extension, horizontal swing low support, 78.6% fibonacci retracement

Take Profit : 144.432

Reason for Take Profit: Horizontal swing high resistance, 50% fibonacci retracement, 100% Fibonacci extension

Stop Loss: 139.334

Reason for Stop loss: horizontal swing low support