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AlkalineFX

GBPJPY: High Wipeouts

Short
British Pound / Japanese Yen (FX:GBPJPY)  
AlkalineFX  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Harmonic Patterns GBPJPY gbpjpyshort gbpjpylong gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpy_outlook gbpjpybuy
39
38
trendanalysis chartpattern harmonicpatterns gbpjpy gbpjpyshort gbpjpylong gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpy_outlook gbpjpybuy
This pair just took out the previous high as well as the weekly high!

Could it be time for some retracements?

If we manage to hold around this level without pushing higher, I would like to sell all the way down into the weekly equal lows.

What are your thoughts on this analysis?

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