GBPJPY: STOP ABOVE 162.00

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Comment:

As long as the support holds, move the stop at Breakeven, or above 161.00. you can sell the pair's highest.

Comment:

Our decision to exit the position at breakeven, was correct. We have managed the trade by limiting the exposure risk. We also said that there was the opportunity to sell the pair to higher levels. This should be limited between WR1 and 162.00. Around 162.00 we would have the perfect formation of the right shoulder of H&S bearish on daily TF.