GBPJPY Long Trade Setup

Going long on Gbp/Jpy, The pair looks like it could continue to move higher especially after opening with a gap. The price action behavior is a bit stiff and this setup does come along with its own risks like the GBP news events today.

Entry: 199.66
Stop: 197.70
Targets: 201.50 & 203.44

Risk to Reward 1:2
Chart PatternsTrend Analysis

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