British Pound / Japanese Yen
Short
Updated

GBPJPY Breaks Below - Currently Retesting

126
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.
Note
15 min closeup view. Second attempt to regain trend-line.

snapshot
Note
JPY Equal Weighted Index Rounding out support???

snapshot
Note
Same chart 15 min. Yen likes to trend. Watch for weaker pairs to start turning over.

snapshot

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