GBP/JPY RESISTANCE AHEAD ! WATCH PRICE ACTION AROUND ...

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

Pound has been soaring past a lot of resistance levels and its approaching the 61.8% fib level @ 141.88 -98 as well as T.L resistance from December 15th 2016 , time to stay on the sidelines and watch how price reacts to this level and T.L resistance.A strong pull back or resumption of the bearish trend towards the downside can occur.

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