GBPJPY closed below 145.500 so price will be heading towards 144.000.
Price broke the 61.8 Fib level and is currently bearish heading towards fib level 78.6.
50 EMA still above 14 EMA confirming that the market is bearish.
ADX also confirms bearish nature of market with red line above 25 000 and yellow line above the red line confirming sells for a long time....
Previous daily candle broke 146.250 heading down which could see price keep going to 146.000.
Previous 4H candle broke 146.250 which will see price heading towards 146.000. we are currently waiting for the next 4Hr candle to close, should price close below 146.250 go down into 15-minute chart and look for sell signals- we will sell until 146.000 if this...
