OANDA:GBPJPY   British Pound / Japanese Yen
Price has broken previous higher low to the left, suggesting a bearish landscape in the future. 4hr price suggest oversold RSI price conditions but the daily timeframe suggest that price is losing momentum. Looking for a price pullback which may reflect some price action before a short entry is taken. If all goes well, the first target of the 61.8 retrace would provide 360+ pips.. Let’s see what price has I’m store in the coming week.-Short Bias

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