FX:GBPJPY   British Pound/Japanese Yen
31 0 0
GBPJPY             seems to be in the last wave up.
This week opening low could very well be a wave 4.

So for the moment 191.3 is the low in place, if this price holds then we have to look carefully to see what happens on retest of the 4 hr             trend channel at 194.5.

If price re-enters the channel, then we can enter an small long looking for final top.
An alternative, could be a failure at 194.5, which could be a good selling opportunity.

There are two big events for USDJPY             that could affect GBPJPY: NFP and FOMC
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out