failure1

GBP/Short potential

Short
OANDA:GBPJPY   British Pound / Japanese Yen
Interesting structure- if GBP/JPY can break the horizontal green line then we could potential see price retrace back to 50% level on fib which also corresponds with a significant level of structure, if price breaks below this level we could watch out for the 61.8% level and look to exit the trade here or be on alert.
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