shorting GBPJPY on daily timeframe based on support and resistance, will keep an eye on it and if it goes my way will move SL to break even as soon as I can.
also considering the BoJ Summary of Opinions "The number of goods experiencing price increases is increasing as a result of rising raw material costs and a weak yen, but it is appropriate to maintain easy monetary policy because inflation is not driven by a positive economic cycle."
also considering the BoJ Summary of Opinions "The number of goods experiencing price increases is increasing as a result of rising raw material costs and a weak yen, but it is appropriate to maintain easy monetary policy because inflation is not driven by a positive economic cycle."
Comment:
SL to break-even
Trade closed manually:
closed manually when it reversed on the 7th with small profit