GBPJPY REPETITION OF WHAT HAPPENED 28 JULY?
From h4 chart current situation is indicating potential downside movement after impulsive rally. If we move back to 8 July the high formed that time and current high is similar and current candle is bearish engulfing candle. So my potential target is around 160 level with stop ABOVE 166.325. Potential risk : reward around 1:4.
I wish u all have a good trade.
I wish u all have a good trade.
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