lobfxempire

GBPJPY: Analysis *Daily POV*

Short
lobfxempire Updated   
FX:GBPJPY   British Pound / Japanese Yen
I made a post about the head and shoulder earlier last week and price rose as I expected. Price has hit a pivot point and is now going towards the bears and i think price could reach the black median line in the box below and either keep falling until the blue support level below just below the head of the head and shoulder formation or rise from the median making a new high for the month.
Comment:
Price is now testing the median this will determine whether we buy or sell
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