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British Pound / Japanese Yen
Short

GBPJPY: Possibly on a stop hunt mission.

By Akinbolasa
Recall my post on GBPJPY few days ago. The price had taken out our envisaged stop loss of 176.2 and is presently close to 178. I suspect that the currency pair is on the mission to hunt stop losses thereby forming a fake out which may end up in a massive profit as is usually the case with with all fake outs. So keep an eye on a breakdown 175-176 horizontal region and a retest (or otherwise) of same for a massive profit. The tps on my earlier post subsist.

Keep winning!!!
Chart Patterns
Akinbolasa

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