Terence_FX
Long

Will JPY continue to weaken like last week?

FX:GBPJPY   British Pound / Japanese Yen
67 0 2
We have been watching the GBP pairs the whole london session. GBP is showing sign of continuation while JPY starts to weaken again. Hence, we believe GBPJPY             should be a good buy.

However, we must be careful with 162.00. If it manages to breaks that, we might be able to gain some pip movement towards the upside. Do take note that on higher timeframe, GBPJPY             is showing a retracement
Trade closed: target reached: It was a good move
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