Clean Support and Resistance Trade Set-up on GBP/JPY

Hey all, here’s another entry on my tradingview series called 'Quick Updates'.

There's a nice support and resistance trade set-up possible here on GBP/JPY. We've seen the support being confirmed for the third time now, and the price immediately bounced off positively.

The support zone has been confirmed on multiple occasions as well, creating a nice RR for a good trade set-up.

--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.

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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!