fxstraderomi
Long

Long GBP/JPY intraday

FX:GBPJPY   British Pound / Japanese Yen
49 0 3
Long GBP/JPY             intraday @ 184.63 Target 185.20-185.40 Stop Loss 184.30

rationale

Upward revision of the GDP was priced-in. The cross is now oversold on the daily and the 4-hour chart. Gold             spiked to USD 1080 immediately after US GDP, which indicates the USD longs could see some amount of profit taking, helping the cross take back part of its losses.
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