GBPJPY : GBP/JPY Formed Bullish Pin Par on Key Support
As we know that 148.00 area of gbpjpy is a key support zone, It is Reversal zone for gbpjpy and market bounced from here earlier, similarly gbpjpy formed a daily base price action after touching 148.00 key support zone called Bullish Pin Bar. So we can take gbpjpy bullish on retest of mentioned D1 bullish pin bar which it has already done as you can see, so we can buy it @ CMP with tp of 153.00.
As we know that 148.00 area of gbpjpy is a key support zone, It is Reversal zone for gbpjpy and market bounced from here earlier, similarly gbpjpy formed a daily base price action after touching 148.00 key support zone called Bullish Pin Bar. So we can take gbpjpy bullish on retest of mentioned D1 bullish pin bar which it has already done as you can see, so we can buy it @ CMP with tp of 153.00.