As we all know GBPJPY has been going up for quite some time now and I can see either a level of supply or a break through and continuation...
As you can see the death cross has happend, bears are preparing to fully break below support @1765. It can’t bounce up off of this support it has to retrace down to have the bull power to reach the mid 1900 once again. Yes I know the support is strong but bears are coming in hot.