GBPjpy has finally broken the Trend Line downwards so we are going to be looking for the opportunity to go short.Also this pair will go short for the rest of OCT so we are only going to be looking for short positions for the month.
The Forex Mechanics also believe USDcad will short for the month of Oct. So this month we are also going to be looking for short positions only, for this pair.
Now see what is happening with GBPjpy. You can see we are already in the trade.