GBP/JPY should be a good pair to trade during the European session

That’s if you’re feeling brave as it can tend to swing around the place quite violently. Both the GBP and the JPY are attracting plenty of volatility and if we can get each currency moving in opposite directions then we will have some fun and games.

My initial bias is to be short but I haven’t been trading this pair at all so prefer to watch for a while until the important levels become clearer.