TheTrendliner

GBPJPY RETRACEMENT TRADE

Short
FX:GBPJPY   British Pound / Japanese Yen
GBJPY showed some bearish movement with some retracement. Yesterday price action showed a late stop hunt that retraced fully to break the bottom before another bullish drive in the Asian session.

As we know, Asian session movements are weak and tend to retrace. Taking a sell @ 50% retracement of the stop hunt.
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