Last night was good for 70 pips. Now that 131.00 has been tested and seemingly secure I feel a bit more comfortable about easing the shorts. I would prefer buying GBP/JPY around 131.50 with a TP 132.00 - 132.10 and SL 130.90 - 131.00.
to make it short, 131.80 is the only resistance before 132.30 zone. A 30 pips trail is smart since we arebuying in a bearish market.
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