GBPJPY | SHOULD STAY BULLISH ACCORDING TO FUNDAMENTALS

2020-01-09 23:40:08

Hello,

I have been in this trade for a while and have been making a lot of pips, and I still believe it will not struggle to reach 144 area and above.

It has been on a solid uptrend and I believe it will continue due to the fundamental events that are settling down.

The price currently keeps respecting our moving averages and finding support, I would say this is only a 1.5 RR trade, however

You may enter this trade now and once the market pushes up, you can make your stop-loss lower to keep a better risk to reward.