Swing: Long GBPJPY as it approaches Demand Zone

Note: Pls go with proper risk management as Brexit News will impact GBP pairs greatly

Reasons:
1. Prior consolidation before strong up move, shows hidden buying activities at this region – buyers will be likely to defend their positions at this level
2. Prior resistance turned support zone at EP
3. Minor Pinbar rejection candle at EP before uptrend move
4. On a shorter timeframe period, overall uptrending – will only be keen to take long positions to go with the trend

Our Trade Setup will be:
EP: 144.38
SL: 143.12
TP: TBD

Best Regards,
Nour Capital - Tracking Smart Money Flow

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