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IvanLabrie

GBPJPY: trend reversal or large scale retracement

Long
British Pound / Japanese Yen (FX:GBPJPY)  
IvanLabrie Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY
28
13
gbpjpy
The monthly downtrend appears to be about to end. After the month closes, I expect gbpjpy to head back to the 160 handle over time at least. You can go long risking a decline below 132.233 once the market opens today.

Good luck!

Ivan Labrie
Trade closed manually:
Closed for now, good profits. I'll reenter if need be.
Comment:
Got back in like with USDJPY, 29 pips discount.
Trade closed manually
Comment:
Good profits, but time to bail. Last: 138.42
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Wave-Expert
If pattern completed, it will go up-to top !!
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