Short

falling a bit

GBPJPY's rise in the past few days created a rising wedge which got broken out just a short moment ago, I expect the price now should drop a bit further to form a proper correction.

SL: previous supply zone on weekly. which is also 20MA on 1H.

TP: Fib based

GL.
FibonacciGBPJPYgbpjpyshortTrend Lines

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