AdamChomba

GBPJPY Erratic Drop Explained

OANDA:GBPJPY   Livre sterling / Yen japonais
For those of us that were caught by suprise on the GBPJPY 600 pip Drop, the reason is as shown.
The Market broke out of a weekly Channel. This really makes things Clear to traders who think the market was manipulated and all other excuses on fundamentals.
For A technical trader, it all makes sense.

Lets always have a Wholesome view of the Market.

#Discipline
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