FOREXCOM:GBPJPY British Pound / Japanese Yen
On the daily time frame, prices mitigated a key where we could see further downside below this level. On the H4 time frame, we are seeing order flow come into play with prices forming lower lows and lower highs. A pullback to the at 157.065, in line with the 78.6% , 127.2% presents an opportunity to play the drop, with 153.564 as our target. is showing signs of pressure as well.