GBPJPY: Trend Weak, Expecting Shorts Into Market Soon! #Forex

FX:GBPJPY   British Pound / Japanese Yen
336 7 9

Trend looks weak, showing obvious resistance levels off, Ma's are struggling to stay apart, suggesting weakness.
Rest of the notes on the chart ;-)

Best of luck
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JPY has not really moved for weeks already... all yen Pairs move according to the other currency so GBPJPY we will know direction on Thursday.
Thanks for confirming what I was already thinking!
+1 Reply
TomProTrader DarrynLaMonte
No problem!
Agree, im already short since last week. The trendline would be a good target.
+1 Reply
TomProTrader FullTimeTrader
Yeah, it's a strong reaction zone...
Thanks Tom.
+1 Reply
No problem.
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