FX_Rhapsody

GBPJPY Breakdown Analysis

Short
FX:GBPJPY   British Pound / Japanese Yen
The Pound tapping Liquidity above previous highs. Will price hunt more Liquidity a bit higher up or will the Pound go short from here. COT reports shows a big amount of shorts placed against the Pound, and the Yen getting slightly stronger. drilling down to lower timeframes will give us a clearer entry for this week.
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