Perceptionfx

IS THE TL GOING TO BREAK?

FX:GBPJPY   British Pound / Japanese Yen
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If we do obtain a breakout of this TL we could expect to see 138.700. However, due to other GBP pairs looking bearish , we could possibly see a fakeout and a continuation down. For entries wait for a breakout of 138.145(long) 137.800(short)