cheminacci
Short

GBPJPY A Lot More Bearish Potential

FX:GBPJPY   British Pound / Japanese Yen
Looking at the long term direction of GBPJPY             on the Daily and Weekly charts. After doing a little analysis I'm thinking that we may see a small retrace back into the 173.00 levels before heading down towards 157.00. Will Definitely keep an eye on this.
Comment: Looks like we got the retrace up to the predicted levels sooner than expected. Thanks to the BOJ news.
Trade active: Target 1 hit
Within the next week we will see a retest of major structure at 163.886
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