SamKent

GBP/JPY impulsive-consolidation-impulsive

Long
FX:GBPJPY   British Pound / Japanese Yen
6
We're following the GBP/JPY consolidation on the 1H. This after an explosive bull wave upwards, our bias is surely to the upside, and we're buyers on a break of the consolidation zone, with a stop just below it, risk on the trade will be around 43 pips, with a plan for trailing stop and going for a longer term target.

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