GBPJPY: - Impulsive wave coming up

Hello traders, here is my view on this one
Market has been pretty active recently.
- England is messing up so the Pound is down overall
- Japanese with gold is rising with current market fear
This pair is meeting its point to Short in technical analysis
Consider Sell limit at 130-131
SL as 132
Target is 127.
Happy and safe trading lads.

Trade geschlossen: Ziel wurde erreicht:

Target reached

Kommentar:

Target 127 did reach but then it broke out the upper band and trace to 0.786.. Next target is 0.618 line