GBPJPY Intraday Forecast

26 มิ.ย. 2019

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=136.3.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=137.1.
TP4: R2=137.5.
Set the stoploss of these orders at breakout of S2=136.05.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=136.05.
In this situation, there is an expectation to reach the target S3=135.
Set the stoploss of reverse orders at breakout of S1=136.3.

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