GBPJPY is about to fly to 172.500 '' long term''

we have previously shared our analysis for pound yen where we expected a drop from 164.200.

we are closing our sell positions now with 400+ pips and placing buys from 159.670

SL & TP are shown on the chart. please use proper risk management and remember it's a long-term trade that could take up to 1-2 months.