Our analysis on GBPJPY:
Price move short after double top pattern formed and divergence on Stoch.
Current situation:
1. GBPJPY rebound from support area and cannot make Lower low before the market close.
2. GBPJPY leave the long trendline.
3. Stoch become narrow indicate a possibility of new equilibrium.
We believe the price have higher possibilities to move...
Our analysis on GBPJPY:
Price doesn't move strong even after divergence spotted .
Current situation:
1. GBPJPY tested the long trendline and cannot make higher high.
2. GBPJPY leave the long trendline after test it.
3. Stoch indicated divergence before but leave weak impact.
We believe the price have higher possibilities to move short and if the price...