British Pound / Japanese Yen
Short
Updated

UPDATE ON MY 4 TO 5 WEEK GBPJPY PREDICTION

47
Trade war news coming up, brexit talk, GDP announcements coming up. Do not forget we already had negative CPI in UK 10 days ago.

Excitement from economy reopening will slow down and we get back to reality.

This reminds me of a bow stretch before shooting with it the ball. Once the ball hits the wall with big force it always come back straight at you.

I marked how I view the downwards movement with 3 Take profit levels.

This is just for educational purposes only.
Trade closed: target reached
tp 1 and 2 already reached

look back to this post when you forgot the original idea

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