Yahia.Awes
Long

#GBPJPY the horizontal resistance is gone

FX:GBPJPY   British Pound / Japanese Yen
259 1 10
Details in the chart
fake break. Price has spiked up into liquidity pool at 1.32.00 area before it pushes down to break bearish flag and test lows. Current fundamental climate would no way allow GBP to climb up 500 pips, there are simply no sterling buyers in the market where most analysts have it targeting the 1.25 level which is the .786 fib replacement level on the monthly chart.... I am short from 132.00
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Fake break was it? Hahahah...
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