This is a tricky pair given the recent GBP strength.
Considerations for short
- Double top rejection (daily)
- Weekly trend line to the downside intact / Daily top rejection
- JPY pairs reacting to Nikkei topping out. Due for correction.
retest of doubletop. looking for entry short here
Pays to be patient. trail stop to 142 next stop
Trend is still valid waiting for retest of 142.50 level