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British Pound / Japanese Yen
Short

GBPJPY - Bearish

By Meron_Trades
Updated
GBPJPY - catching a small retracement , but could eventually go to 163 to clear our our sell stop liquidity area.
Trade closed: target reached
As expected, the order block at 165.30 is now completed, hence the set up completion. Next scenario depends on GBP fundamentals for which we can see some consolidation before heading downwards towards 160.40.
Trend Analysis

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