Near term resistance broken on GBPJPY

Short

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

Trend Analysis GBPJPY

trendanalysis gbpjpy

GBPJPY

Near term resistance broken on GBPJPY. Looking for 135.95 initial target. What are your thoughts?

Trade active:

If you're short on this, I would trim your positions, take partial profits and move stop up to break even and ride out some high risk news in the coming days. Fairly decent +19 pips on this trade.

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