chastic

GBPJPY 3 Line cross

Short
FX:GBPJPY   British Pound / Japanese Yen
Of all GBP pairs that went up simultaneously after 'May spoke about hard-brexit, GBPJPY was one of the few that did NOT touch the 10EMA on the way up. That is curious, because most GBP did. That is a good indicator that GBPJPY short is strong. All three trend lines is on their way to make a major cross. It's worth keeping an eye on this one the for the week. To be on the save side it might be worth waiting for 55MA and 200MA to cross and the price surpass 137.078.

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