GBPJPY: A short term target at 152.50 is by no means impossible

The chart of the GBPJPY pair is very similar to that of the NZDJPY. Thus, we can see that prices seem to start a rebound on the trend line. So I try to take a bullish position with a stop loss placed at 150.60. A short term target at 152.50 is by no means impossible.
Check out my live trades on my MT4 account.

Enjoy !