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Good Morning Traders,
Today, September 12, Lift-Off offers a LONG trading signal on the GBP/JPY cross, which is in a strong bullish trend.
The JPY is now losing strength against all currencies, and this is pushing up the British Pound cross against the Swiss Franc.
We signal this very speculative trade, which has a risk return of less than 1 but, which could go for resistance with a high probability
Below chart of GBPJPY-with signal detected by Lift-Off
Signal board of September 12, 2022
SHORT- GBP/JPY
Input price: 166.84 JPY
Stop Loss: 163.00 JPY
Take profit 1: 168.71 JPY
R/R: 1:0.5