Sell GBP/JPY on retest broken trendline.

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Sell GBP/JPY on retest broken trendline.British Pound/Japanese YenFX:GBPJPYForexExpats1Last week was slow due to the lack of data out of the USA but the JPY has been slowly gaining strength, ever since their Interest Rate Decision where two members wanted a rate hike. I feel there are bigger moves to come soon and with the GBP also weak this pair seems perfect to sell. Sell Limit : 200.20 retest broken trendline Stop : 201.36 above recent highs Profit : 197.30 before 23.6% Daily Fib retracement Risk 1 : 2.5 / Stop is 116 pips