Quote from sakhter:
GBP/JPY down trend is over.. lol very nice roller coaster ride since Thursday.
there may be another re-test of the 159.59 level.. seeing as how it supported that fall from the moon...
Other than that. I would buy 160.24 and exit 160.90..
High probability trades for GBPJPY:
1,000,000 @ 160.93(entry) - 161.09(target) long
1,000,000 @ 159.30(entry) - 159.19(target) short