GBPJPY has failed to break the 152.138 resistance level since 7th of April, hope fully if sellers comes in from the current level, it might drag the pair down to 149.091 support level. trade accordingly, do not use big lot, money management always
TWO THINGS YOU HAVE TO CONSIDER FOR A HIGHER PROBABILITY TRADING SETUP
1, the break and retest of the channel
2, formation of head and shoulder
not a financial advice
Technically their is formation of head and shoulder short at 0.77476 set your take profit to 0.77067 and stop loss at 0.77765, if 0.77067 level break wait for a retest and sell to 0.76733