peakbroker

GBP/JPY Daily Forecast (10th July)

Short
peakbroker Updated   
FX:GBPJPY   British Pound / Japanese Yen
Possible breakout on the GBP/JPY hourly chart. The channel has been going on for a long time, now I see a better chance of the breakout. After a breakout, I count on a retest, followed by a key level break. Great Risk-Reward ratio. The RSI divergence also works for us.
Trade closed manually:
Trade Closed at BE

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