AlkalineFX

GBPJPY - Stays Fighting

Short
OANDA:GBPJPY   British Pound / Japanese Yen
The pound strength we have seen over the past two weeks has been phenomenal but whatever goes up must come down. I would like to see a slight push above this minor resistance before we collapse to the downside.

The sentiment is heavy selling so we can expect some manipulation before we begin to drop.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.