LAfxtrader

WAITING FOR KUMO BREAKOUT

Short
FX:GBPJPY   British Pound / Japanese Yen
I already have shorts at 140.630.

Price is ranging in the Kumo at the moment with KS resting and Ts showing a slight move down. Not enough confirmation or volume for anyone to add any sells until we see a Kumo breakout, If it breaks out we could see 135 and possibly 130 tested. Also theres news in the AM during london.

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