TraderRadeau

Will GBPJPY go down?

Short
FX:GBPJPY   British Pound / Japanese Yen
As seen on the displayed chart, GBPJPY will go up slightly past the price of 139.857 at the 61.8% Fibonacci retracement level ratio, before finally going down. On the other hand, if the price continues to move up past the price of 140.450, it is likely that the price will continue to rise.
Trade active: It is time to sell GBPJPY now.
Trade closed: stop reached: The price has touched the stop point at 140.200.

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