Long term im BEARISH on this pair and i do believe we will be back to take out the low at 128.6 but for the short term im a BULL and i see the GBP rallying up against the JPY.
156.28, 162.19 and 165.74 are huge areas for me so i would expect price to start lagging i will be looking for sells up there but for now watch for the trap moves in and around the 137 area before making some new highs!!
156.28, 162.19 and 165.74 are huge areas for me so i would expect price to start lagging i will be looking for sells up there but for now watch for the trap moves in and around the 137 area before making some new highs!!
Comment:
sorry not the 137 area, i will personally be looking for buys between 135.5 and 136
