GBP/JPY Short @ 140.443 is up 200 pips

GBP/JPY Pair has had a nice run up from the 120 area My longs have been closed and darn I closed way to early (136.83) Patience is key and I was happy with 1000 pips profit booked

Now I'm going to allocate some of those pips to playing the short side.

The MACD and Stochastics are turned and this pair may be heading back towards the middle of this range. My thoughts are the 130's area. If this downtrend is to reverse it will likely happen in this zone (140's) somewhere.

Play the short side until the market tells us different. For now I'm short and my trade is up 200+ pips