FX:GBPJPY   British Pound/Japanese Yen
87 3 2
The rate has to decide now whether to resume the downtrend or not.
I consider the rise since past Wedneday as a correction of the bigger decline since mid December only which shoul result in a continuation of the downmove.
Trade closed: stop reached
Comment: It is close to kiss this previous double bottom.
gj left a broken double bottom @ 175... sooner or later it will go for kiss of it..
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It's a good observation. I will have it in mind. Thank you.
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jhakas motleifaul
double bottom is on weekly chart..
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