tokelohomi

Positive bullish GBPJPY cruise

FX:GBPJPY   British Pound / Japanese Yen
Running nicely to the upside, the market violated the fair value gap with a purpose to develop a retail formation, hence our fair value gap has turned into a support that resonates with the head and shoulders pattern which then the price made a nice retest there to give buyers more momentum. First target was hit at 160.924, now with this move we are targeting 161.764, always remember to drag your stop loss along...

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