Sorry to catch up on an old post - just wondered on this GBP/JPY which I have been watching. Typically would you look for a break of the 145 level to go long say with confirming PA perhaps on a lower TF (e.g. continuation BUOB) or a pull back to to 145 with a good pin indicating long from that level.
Grateful for your thoughts on this type of break out(?) trade
Many thanks
J