QGuo-Shane

How do we know this is a breakout or fake one?

Long
FX:GBPJPY   British Pound / Japanese Yen
How do we know this is a breakout or fake one? any advices?

Comments

If support at 130.308 is clearly broken then thwre ia a chance of retracement
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@j_wst, I think that would be a fake breakout. price won't break the support level until Monday night, so I guess the 131.22 maybe a good sell point and hopefully 100 pips profits for today to buy.
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vishwamithran QGuo-Shane
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