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FX.co ★ GBP/JPY broke key support, potential for further drop!

GBP/JPY broke key support, potential for further drop!

GBP/JPY broke key support, potential for further drop!

Trading Recommendation

Entry: 142.875

Reason for Entry:

previous breakout level, 23.6% Fibonacci retracement

Take Profit : 141.020

Reason for Take Profit: horizontal overlap support

Stop Loss: 144.223

Reason for Stop loss:

horizontal swing high resistance

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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