GBPJPY is one pair with high liquidity market, price movement above on average, the price not always will drop, there is a time till pullback, the current trend seems tendencies to bearish based on Mc Ginley indicator.
I am holding 4 position over 19 days in hope for reversal and swap charges are keep increasing
Not trying to blow my own trumpet here but it seems my predictions were pretty good. Shame I didn’t actually get on that trade (could have made tens of thousands if I did ).
My account almost about to blow in 10K size so i used refill strategy and funded other 40K so now everything is cool down a bit but still GBPJPY not taken reversal and i holding 4 position in negative approx -2800$ in floating.