Overall bias is long, but it's consolidating. A range within a range on GBPJPY is currently taking place. I've simply been trading it until proven otherwise. History reveals these ranges typically break in the direction of the trend (which is currently bullish/uptrend). However, we can't rule out a retest of the 148 region if it breaks to the downside. Conservative approach is to wait for a break of the larger range and trade it according to your plan.
Trade active
First buy opened at 150.605 and was closed at 150.80. Trade active
second trade active. Stop at break even. Once at 2:1 will lock in 1% profit Nearing 2:1 reward:risk.
Trade closed manually
trail stop hit at 4R & 46 PIPSTrade active
Long from 151.537 Just about tagged 5R or 5x my initial risk. I've secured 2.5R. Trade closed: target reached
Trail stop reached on the most recent trade...grabbed 3R or 3x my risk. beautiful trade. 
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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.