British Pound / Japanese Yen

Short

GBPJPY

Updated

Waiting for the 3rd touch in this value area consolidation before a continuation to the downside. Entry 145.00 Target 128.00

Note

We might not get 145 and may have to settle with 144.5 but I’m willing to wait though, worst case I can set a stop order at 144. Waiting will also give us more time for the pattern to develop.

Trade active

Pending Sell limit 145.00 is active

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