FX:GBPJPY British Pound/Japanese Yen
Very interesting area for GBPJPY ~
What I do believe is what I see at monthly. GBPJPY is in the zone and GBP is way hiked by election, as we all know. The election bubble must be quenched because it is not about financial data basis. That amount, I speculate GBP should be weaker ~ The Top of the zone has been drawn incorrectly but the bottom of the zone is drawn correctly around 180-ish ~ it will be flunctuated up and down up and down. The 2nd Last time about 2 years GBPJPY was in this zone. The first was 2008.