I closed my GBPUSD trade at yesterday's close as it stopped at minor support. This may be premature but I prefer to take some profit as the market is lacking direction right now.

As per my previous post, technical analysis on JPY pairs is very difficult now due to BOJ weakening the Yen. It looks like BOJ is taking the exchange rate back to 100 Yen to the $, so until BOJ pulls out, it is best (safer) to stand aside and let the market declare it's direction rather than trying to guess it.

Rock n Roll,
Strat

Edit: Although market participation in USDJPY seems to be drying up, I am putting in a TP order on 50% of my position at 99.87 in anticipation of an exhaustion spike as BOJ tries to get to 100:1