Charms Casper

GBPJPY looks dying to me

FX:GBPJPY   British Pound / Japanese Yen
98 1 1
FIB .618 Resistance
Momentum decrease
Trader take the risk all the time. so do i :D
Good Luck
yes, my price pressure indicator shows that bullish pressure has almost completely waned. interestingly, if you add the moon phase indicator to the chart you'll see that a new moon cycle has just started. considering the price moves currently underway, i'd say it bodes well for the downside. not only in g/j, but also in g/u (which has been dropping like a stone now for the past 3 hours or so), e/u, and other usd pairs. that is, usd up, and the rest down.
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