FX:GBPJPY British Pound/Japanese Yen
GBPJPY has entered the PRZ of two patterns on the . The PRZ aligns with both horizontal and support which may add to the potential for reversal at this level. Multiple unhit monthly and sit above price and may help pull price toward target. To add to bias, has produced and is oversold. Entry is placed at completion with SL below horizontal support and targets at the unhit January, 2015 and the of the CD leg.