FX:GBPJPY   British Pound/Japanese Yen
22 0 1
I have been keenly watching the beast over the past few days and after plotting out a few possiibilities i firmly believe that the pair is going to show us new lows and probably get back to trading at 190. With the XABCD Pattern and breakout strategy combined. I expect the pair to test 192 upon breakout and retrace back to 194 or thereabout. Then upon completion of a bearish candlestick formation, go all the way down to 190 and possibly further down to 187.
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