Welcome to our weekly trade setup ( GBPJPY )!

1 HOUR
Small push above previous consolidation highs.

4 HOUR
Pump and dump, takeout of short holders and down now?

DAILY
Overall market turned bearish, expecting some more bearish pressure.

FOREX SETUP
BUY GBPJPY
ENTRY LEVEL @ 142.860
SL @ 142.140
TP @ 144.290
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels – different Brokers!)

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Have a great week everyone!

ALAN