Monday, January 5, 2015

GBPJPY - Trading Signal - January 5th 2015


GBPJPY has corrected before the selling was stopped inside its support level from where I think we will see a reversal. I have entered my long position in this currency pair as I expect it to trend higher and I will enter more long positions every 50 pips lower from here until we reach 183.150.Traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

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