GBPJPY analysis - my sweet baby....



chart 15 min - 6.15 pm Malaysia

Re-entered another sell position as price was rejected by fibo 50%. Also an abandoned baby pattern has been formed. By the time I posted this chart, my sweet baby had dived 50 pips. Stop-loss moved to +5. Possible target projection is at 161.8% fibo (135.58).
UPDATE:
7.30 pm - stopped out at +10
enough for the day :D
8.00 pm - lucky me #:-S
BOE decided to stay with 1.5% interest rate
price shot up 100 pips

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