Good call on GBPJPY, opens 150 pips lower

Made a short entry call yesterday reflecting on the plans to sell the market open of GBPJPY. It would have paid off with this 150 pip gap low open. Hopefully you caught some of this move.

GBPJPY Gap Low
GBPJPY Gap Low

Still,  I do not think it is too late if you have not gone in on this trade. It’s a bit far off from reaching the previous resistance zone, but another entry is possible. The daily still remains bearish and I recall projecting a 225~ pips fall.

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