Chart of The Day $GBPJPY 12-15-2016

On the GBPJPY daily chart we can see that the pair is in uptrend supported by 200 SMA (blue line) 143 level. Targets on the upside are 152 followed by 154. Traders should be looking fro long entries in 146.500-147 zone.

Happy trading! (click on the chart to enlarge it)

gbpjpy trend following strategy

 

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