FX:GBPJPY British Pound/Japanese Yen
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.