(Apr-03)$USDJPY,
(Apr-07)$GBPJPY.
USDJPY:
Not much has changed. 3 legged correction to long zone as analyzed in prior post on Apr-3. Bounced from the zone strongly. 1st correction on higher time frame. So better to keep part of position for a larger move. Once it closes decisively above ~ 82.25, stop can be moved to break even.
GBPJPY:
Deeper correction to the long zone as analyzed in prior post. Unless entered on anticipation, the entry now would require taking too large risk. So better to pass. Entering on anticipation for this market would have been ok given that the zone coincides with a strong resistance turned support.
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