FX:GBPJPY   British Pound / Japanese Yen
GBPJPY - We have a downtrend closing in on the support level . Will be waiting for a break or a bounce from the trendline resistance here. If it is a break and retest I would go Long, I would have 3 TP's: 48 pips, 75 pips & 114 pips and SL would be 20 pips. Small SL because I don't really want to stay in the trade if it goes back into the wedge .

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