JordanKomorowski
Short

GBPJPY waiting for resistance level

FX:GBPJPY   British Pound/Japanese Yen
95 0 1
From 04.12.2014 to 05.12.2014 level 187.500 - 187.700 was a support zone , but when the level has been broken it became a resistance level . It is very common in trading that a support level when is broke become a resistance leven and vice versa. 11.12.2014 we had retest a resistance zone . This week I expect another attact on the resistance zone and what is important a moving average is going to be excatly at resistance level what makes it stronger
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