GBP/JPY: Bearish Butterfly
The English pound and Japanese yen has just completed a bearish butterfly pattern.
Target to take profit is the 38.2% level confluent with the uptrend support line.
ENTRY: 159.000
EXIT: 156.200
STOP LOSS: 159.700
Reward:Risk = 4:1
Target to take profit is the 38.2% level confluent with the uptrend support line.
ENTRY: 159.000
EXIT: 156.200
STOP LOSS: 159.700
Reward:Risk = 4:1
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