GBP/JPY has touched the top channel line that we noted this morning. We enter a Sell Order at market (current Bid 157.37). Our Stop Loss level is above the channel but below the top BB at 158.10. Our Target Level is towards today’s lows at 155.75.
Stay Nimble!
Stephen Leahy
Back Bay FX Services, LLC
www.backbayfx.com
