Will GBPJPY form a Reversal Signal at 138.5~139.0 support area?
Hi traders,
138.50~139.00 is an important support area for GBPJPY, as it has successfully supported GBPJPY 3 times. Of course, I hope this will be the fourth time. :)
Waiting for a clear signal is more important than simply execute a trade without confirmation.Therefore, keep an eye on this pairing when it has formed a reversal signal.
TP1,2,3 is on the chart.
Thank you and feel free to exchange your ideas with me.
**Trade with care**
138.50~139.00 is an important support area for GBPJPY, as it has successfully supported GBPJPY 3 times. Of course, I hope this will be the fourth time. :)
Waiting for a clear signal is more important than simply execute a trade without confirmation.Therefore, keep an eye on this pairing when it has formed a reversal signal.
TP1,2,3 is on the chart.
Thank you and feel free to exchange your ideas with me.
**Trade with care**
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