LION CAPITAL

GBP/JPY LONG @ 160.30


Currently trading @ 160.20 with the daily chart confirming the pair to be in an UT.

H4 Charts confirm this UT with higher highs & lower lows with the buyers breach zone within 160.00. We will look for bullish reversal signals at this level to enter a long position.

Entered a long position with a inverted hammer signal confirming that the Bulls trend will continue. Will go long up to significant RES. level of 161.70.