FX:GBPJPY   British Pound/Japanese Yen
34 0 2
a year ago
The pair is about to form an inverted head and shoulder formation with neckline resistance at 186.06 levels.

GBP/USD             is repeatedly finding bids around hourly 50-MA and appears poised to form its own version of inverted head and shoulder, however, Yellen could kill the formation.

Hence, long GBP/JPY             appears more attractive.

trade - Long GBP/JPY             @ 185.60 Target 186.06, 186.53 stop loss 185.10
a year ago
Trade closed: stop reached
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