GBPJPY broke and closed below 147 and a trendline yesterday on the daily chart. However, I would have preferred if it had been more impulsive in nature. It left nearly a 100 pip wick below the close. With that said, I will be looking for short opportunities on lower timeframes and if sellers seem to be retaining their presence.
Trade active:
Breakeven short still active from 152.45. First partial profits taken at 148.50
Trade closed: target reached