Of observations by the method of technical analysis I have seen of the currency pairs Gbp/Jpy and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 151.71 and there is support and resistance on the
- R3 : 153.56
- R2 : 152.72
- R1 : 152.14
- Pivots : 151.30
- S1 : 150.72
- S2 : 149.88
- S3 : 149.3
then I highly recommend you to open position SELL with
Take Profit is equal to 151.41 as well as Stop Loss at point 152.01
so that the target pips for today I think is at 40 pips