Gbpjpy has been in a sell out mode and is planning on dropping a couple more pips further. I see this pair having no problem going down to it’s weekly support @ the 127.800. We have a nice head and shoulders formation on the 30min timeframe a nice 4 hour shooter star will validate for a strong push to the downside let’s clash!
Beyond Technical AnalysiscandlestickpatternkeylevelslowerhighlowerlowspriceactionTrend Analysis

Disclaimer