TahirKhan
Short

GBPJPY - Possible upcomng play - Tentative view

FX:GBPJPY   British Pound/Japanese Yen
GBPJPY             ...
The way things have shaped up; I think we can go bit forward on the pair towards 157.50-7X and then a drop down to around 155 handle. 154.70-155 then if provide base we likely to head up for 161. XX             or 162.. Else back under she falls...

http://i.imgur.com/5B1ynf0.png
GBPJPY             8 hr             -
Trade active: So far so good.. 155.7X is likely upcoming tgt on the drop.. upside any attempts to 157 handle just may end up providing shorting opps..

155.7X on GJ be a good zone now.. This is a 30 mins chart and I expect price to move around it.. the main test be 157 zone if comes into play; it needs to hold & the rest this should get played out to 155.7X and 154.50-6X be the main crucial zone as I do have break point there on the 4 hr making it a decent spot on the drop if it to continue..

http://i.imgur.com/VO9Io3A.png

GJ 30 mins..
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