The Sterling crushed the Yen last week with it's inflation news and a hint about an upcoming rate hike, If this consolidation sees a bullish breakout I think we can break 152.000. And if 152.000 breaks I think we will see 154.000 in near future
Trade active
4H candle closed above rectangle, I am now in the trade
Note
we are well on our way now, 146pips as we speak from the 4H breakout
Trade closed: stop reached
Moved my stop to break even and got stopped out. Maybe I was too confident on the TP... Now we can either see a new push up from trendline or a retrace.
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