GBPJPY / H4 / Daily Forex Technical Analysis / 4.25.2019

Hello Traders, welcome to the Daily Forex technical analysis. Today is April 25th, 2019 and we will be taking a look at the British Pound against the Japanese Yen. Looking at the 4 hour time frame we can see price action moving back towards a major support zone near the 144.166 area. If price action can reach these levels and hold as support once again we will be looking for a profitable entry long. Entry for a Long position near the 143.842 area, with a Stop Loss near the 143.222 region, could ensure a profitable trade with a 2.43 to 1 R/R. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!