FX:GBPJPY   British Pound / Japanese Yen
As explained yesterday if we saw GBPJPY push down and break the swing low to the left we would be looking to short. We have now seen that break and retest on this pair for price to potentially fall further and reach one of the target areas we highlighted earlier (138.000/139.000). We must always remember trading is reactive, not predictive. Meaning we do not enter impulse trades because something looks good, we must wait for the correct confirmations before pulling the trigger.

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