Will JPY continue to weaken like last week?

We have been watching the GBP pairs the whole london session. GBP is showing sign of continuation while JPY starts to weaken again. Hence, we believe GBPJPY should be a good buy.

However, we must be careful with 162.00. If it manages to breaks that, we might be able to gain some pip movement towards the upside. Do take note that on higher timeframe, GBPJPY is showing a retracement

Trade fechado: objetivo atingido:

It was a good move