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GBP/JPY Signal-27 Jan 2022

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Signal Details
Entry Price: 
154.020
Take Profit: 
154.996
Stop Loss: 
153.593
Direction: 
Buy
How we trade
Average: 4 (1 vote)

GBP/JPY is trading to the upside today as price has reached the support zone and has formed the inverse head and shoulders pattern on both the 1 Hour and 4 Hour charts. We anticipate a bullish move up to level 154.996

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.