Huge triangle on GBPJPY broken to the downside

GBPJPY was stuck within a huge triangle for quite some time now. For this very volatile pair long term consolidation is unusual and especially over the past few days the daily range has been minimal. Price finally broke trendline support so we can expect relatively large move. Bollinger bands with standard settings of 20, 2 are very narrow which is often a precursor of a large move.

Price has clearly broken to the downside so short position with stop above daily range and above trendline resistance+upper BB. Stop is relatively wide but we can expect a large move so risk/reward is still favorable.