Lemonstre

GBPJPY BREAKOUT OR NOT

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OANDA:GBPJPY   ポンド/円
Trading currencies is a game of numbers, how many trades you take and how much risk you take on each. Do not be discouraged by a losing trade, for there are bound to some losing trades. Last week GBPJPY broke out of a trading range and is testing the upper limit of this boundary. This is a zone of interest, great trades historically begin at these zones, will it stay out of its previous zone or continue pushing up?

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