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A mini update today as I am off on a short new years break returning the 3rd. GBP/JPY opened a bit lower at 138.714 and at the time of writing (13:00 GMT)  a bullish candle is forming and the price is at 139.259, representing a gain of 3,644 pips at around 4 GBP on my 5 lots purchased.

It is worth noting that the Kijun Sen is starting to flatten out but for now I am still bullish on the GBP/JPY.

Happy trading and have a happy new year everyone!




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