My outlook for this pair is bullish, my bias is for this pair to hit 155.000 which is over 300 pips from my entry, which will regain back my losses and also have profit in the bag.

I'm keeping an eye on the stop because I've learnt that GBP/JPY is known for its violent spikes which can take me out. I hope to find another entry position on a pull back on the lower timeframes but we will see.

Let's see how this pair and this trade goes!


GBPJPYTrend Analysis

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