AlkalineFX

GBPJPY - Breakout

FX:GBPJPY   英鎊 / 日圓
It looks like we finally got enough volume over the Asian session to break out of the horrible range we found ourselves in. I don't have big hopes of price continuing down after the break and re-test of structure, I actually believe we could see a break back into the range and a push up into the previous highs marked. This pair is known for its manipulation and I wouldn't be surprised if this was a fake-breakout to trap sellers, we must be patient with it.

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