GBPjpy 90 Pips Retracement to the South

Hi everyone,

 We are going to be selling GBPjpy temporarily before going back to the North

The Forex Mechanics have placed

Sell Stop At 141.550

Take Profit At 140.935 .

That is about 90 90 Pips Retracement.

Our Culture at the Forex Mechanics Workshop is to always take out 10 Pips that we always use as our Stop Loss.

We still hope and believe that USDjpy will end South for the month of January. Before finally heading for a long Journey to the North

We will start full publication in February when Volatility usually begins every year.

Thanks 

Good Luck