GBPJPY Sell Continuation

FX:GBPJPY   British Pound / Japanese Yen
46 1 2
The selloff of GJ had not come to end.
Lower Target are possible at lower levels.
Hold you shorts, and look for entries on retracement.

Possible short entries are @161.74, @174.08 and @188.55
Trade Our Money. The5%ers Forex Proprietary Trading Fund.

pl could give rationale on entries point on retracement, it will help in understanding
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