GBPJPY- Nice trend line break out

Short

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

GBPJPY pared some of its gains after hitting one week high on a strong yen. Any break below 167.30 confirms further weakness. It is good to sell on rallies around 167.60-65 with SL around 168.50 for TP of 165.10

Comment:

Broken 167.30. A dip to 166 is possible

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