capitalpropertiesfx

GBPJPY starting to look heavy

FX:GBPJPY   British Pound/Japanese Yen
591 0 3
I'm waiting for a big break lower in JPY pairs, especially in GBPJPY             .
First I want to see the recent lows to be taken out and then an ideal target would be around 164.00 area. It will most likely take some time but I think it is worth waiting as the payoff seems very attractive.
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