I think Gbp/Jpy will fall at some point in the next few trading sessions, but I do not believe that the pullback is over.
The Signal on hour 4 is definately a sell signal but with Gbp pairs , they sometimes pull back harder than other pairs...
So im not going to try to sell this pair until later on! I expect something to happen kind of like what I have on the chart...
So for now , I don't think it is a wise idea to sell gj even though we have a sell signal on hour 4 with most trend indicators...
So lets wait and see
The Signal on hour 4 is definately a sell signal but with Gbp pairs , they sometimes pull back harder than other pairs...
So im not going to try to sell this pair until later on! I expect something to happen kind of like what I have on the chart...
So for now , I don't think it is a wise idea to sell gj even though we have a sell signal on hour 4 with most trend indicators...
So lets wait and see