British Pound / Japanese Yen
Short
Updated

GBPJPY on fire

Previous Support is now acting strong Resistance 161.05.
Break of Support of 159.4 will drag it down.
Fall Below 159.4 will bring it again under resistance trendline.

Sell stop is 159.4
Note
Trade Active.
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I quited this trade at BE.
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Reason, bullish gbpusd and usdjpy at big double bottom support.
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Will wait for dust to settle down.
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So my intentions were correct.. both uj and gu jumped.. so I am long on gbpjpy from 160.13.
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stop of this deal is 158.7

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