My view for GBPJPY is to see a bit more movement to upside to pass 158.000 and there will find some resistance from the trend and it will change direction to the downside with a potential take profit at 155.669 but possibly to pass the 155.429 and continue to the downside.
I am not expecting this pair to pass the 161.225 so its better to have a stoploss there because if pass this level the pair will take a bullish trend to the upside.
I am not expecting this pair to pass the 161.225 so its better to have a stoploss there because if pass this level the pair will take a bullish trend to the upside.