This is my analysis of the possibilities of looking for Buys on GBPJPY .
KEY LEVELS to Buy: - These are levels to CONSIDER, this means that you should not arrogantly place buys when the price touches these levels. These are the Levels that I have identified within the market for IF the price does decide to approach these levels, to CONSIDER looking for bullish opportunities that will ultimately depend on other various factors of confluence to determine whether a buy would be adequate or not. And base the decision with that in mind, ONCE analysis of other factors has been made at that point in time.
KEY LEVELS for taking Profit: - These are ultimately the levels I have determined and deem to be reasonable targets to consider taking profit at, IF/ONCE the Price has reversed at one of the stated Key Levels to Buy.