FX:GBPJPY   British Pound / Japanese Yen
224 1 11
The GBPJPY             is very comparable to EURJPY             and easy to trade, be patient, wait for the consolidation and set-up before you buy the continuation. Updates will follow.

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Comment: Comparable to EURJPY update but the structure is more clear for a potential sell trade.

Comment: I mentioned this morning that GBPJPY showed a better set-up than EURJPY and therefore I traded GBPJPY. Stop is at break even and I took some profit since I consider this to be a day-trade. Let's see wheter we see another break and bearish continuations.

I'm in, looking for 162 could take a while but it might just get there..
+1 Reply
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