tonyferrino

gbpjpy short here at 136.62

Short
FX_IDC:GBPJPY   British Pound / Japanese Yen
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1
The market has retraced 38.2% retracement of the last move down from 138.27 to todays low of 135.60. I think good risk reward for a move back to the lows (around 100 pips).
Any thoughts would be appreciated.
thanks for looking
Tony