GBPJPY 29'' 12'' 20

29 Ara 2020

GBPJPY has been range bound between the levels 139.950 and 137.310. A recent breakout though short lived, but a retest at 139.388 shows the bulls were more likely to push pass and sustain the bullish trend. A naked analysis would favour a long entry with a profit target of 100 pips and stop loss of 30pips from 139.735.