FX:GBPJPY   British Pound / Japanese Yen
According to the strong downward pressure in the long term, it's better to go short.
Break out point at 141.50 is seemingly good point to get short position.
if it go back in the range and keep consolidation, you have to cut the position at the previous highs.
if it goes down smoothly, the price will touch next support levels at 140.50.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.