British Pound / Japanese Yen
Short
Updated

GBP/JPY Short.

80
If gbp manages to retrace up to the purple area, I would look for a short and aim towards a Last Weeks Low.
Due to GBP GDP Growth Rate QoQ 3rd Est (Q2), GDP Growth Rate YoY 3rd Est (Q2), I expect it will reach this low today.
Purely Price action analysis.
Trade closed: target reached

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