gby/jpy trade initiated at 151.309 is on; stop loss is at 150.50 and take profit at 153. It survived the weekend break down. Now it is climbing its way back up. the price movement depends on the world stock markets movement. if we can find a good positive start with investors willing to take risk driving markets up then we can expect gbp/jpy to go much higher from this point. Unless there is really a bad news the pair is expected to move up.
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