GBPJPY Breaks Below - Currently Retesting
Updated
Wait for the 1 hour candle to close.
If price is rejected, short entry.
GBP is overbought over the past couple weeks.
JPY looks to have stalled. Searching to find support.
GBP can drop just as quick as it rises.
Tight stop. See if resistance holds.
If price is rejected, short entry.
GBP is overbought over the past couple weeks.
JPY looks to have stalled. Searching to find support.
GBP can drop just as quick as it rises.
Tight stop. See if resistance holds.
Note
15 min closeup view. Second attempt to regain trend-line.Note
JPY Equal Weighted Index Rounding out support???Note
Same chart 15 min. Yen likes to trend. Watch for weaker pairs to start turning over.
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