GBPJPY - Extending higher from an inverse head and shoulders

Buy at 143.15

The medium term bias remains bullish
A bullish reverse Head and Shoulders has formed
Buying pressure was posted in the market yesterday and has continued overnight
There is scope for mild selling at the open but losses should be limited
Preferred trade is to buy on dips
Expect trading to remain mixed and volatile

Stop: 142.75
Target 1: 145.10
Target 2: 146.00