The last GBPUSD trade did not work out as plan. I did cash in some pips at the initial bounce of 1.45, but after that the market just went wild. Here is what I am looking at now. $USDJPY. I did not go in on Friday, I was not convinced with the action. I am looking at around 91.70 ish for potential short opportunity if the market decides to bounce further from current support. Let’s see how it works out.
Here is the chart. (click on the chart to view full version)
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