British Pound / Japanese Yen
Short
Updated

GBP/JPY- Consolidation Finished?

1 month consolidating triangle looks like its ending. 3rd touch of lower trend line

Zooming out , price has made 4 peaks since April, unable to go higher.

Price below 20/50 MA and aiming down

TP - May lows 155
Trade closed manually
I was anticipating a break down from the lower trend line. Price bounced

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