FX:GBPJPY   Livre sterling / Yen japonais
Even though I'm actually short since friday i more and more believe that price wants october highs before any retracement. It could even breach the highs, grab liquidity and then retrace. The lack of selling on thursday after initial testing 156,09 makes me more catious and put strength towards bullish momentum will continue at the same slow rate as before the tuesday impulsive move up. If we brake fridays high monday i will kill my short position taken friday. To really ad to shorts we have to break below thursday low at 156,09 which also brings us outside the bullish channel.
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