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Trading Signal GBPJPY - 03 / 05 / 2022 - 10:00 (GMT +3)

Trading Instrument: GBPJPY

Previous Close 1.0503
Change -0.36 %
Current 1.0500

Trend & Condition

Upwards
Weak

Support & Resistances

162.10 164.30
161.15 165.20
159.60 166.90

Comments

A Medium probability, entry signal to go LONG
was given at 163.50 after the market found support at 162.10. Only the downward break of 162.10 would cancel the bullish scenario and take us SHORT.

Position Entry

Position/ Entry/ SL
LONG / 163.50 / 162.10
Trade / P. TP1 / TP2
Medium /165.20 / 166.90
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