Quote:
Originally Posted by Shaun Overton
Take a look at the attached chart.
The inverted height is 550 pips and the break occurred at 157.75. That makes for a price target around 1.635 on this break.
Disclosure: Currently long GBPJPY.
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Hi Shaun,
Cool setup, Looks like many people are watching this setup.
See this from Kathy lien on the same pair
GBP/JPY Could Break 160 on Fixing Flows | Kathy Lien
Cheers,
Noob