GBPJPY Trade Idea (7th

Currency Pair: GBPJPY
Timeframe: H1
Date/Time of Signal: 7th January 2020 / 1400hrs (SGT)

Review:
Yen with strengthened due to further escalation in the Middle East tensions.

GBPJPY tested and unable to break and bounce off the resistance level of 143.00.

Trade signaled to sell GBPJPY (Entry: 142.65) with 3 Take Profit (TP) Targets (TP1: 142.45, TP2: 142.25, TP3: 142.05) and Stop Loss (SL) at 142.95.