GBPJPY Intraday Forecast

By goldenforex | Golden forex capital | 16 Sep 2019

As we forecast uptrend for this day, so We suggests buy (limit) above S1=133.55.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=134.55.
TP4: R2=135.15.
Set the stoploss of these orders at breakout of S2=133.35.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=133.35.
In this situation, there is an expectation to reach the target S3=132.3.
Set the stoploss of reverse orders at breakout of S1=133.55.

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Golden forex capital
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