theforexportal

SELL GBPJPY at market - key support broken

Short
FX:GBPJPY   British Pound / Japanese Yen
We are SHORT this pair from 136.69 and 136.55.
The key support level at 136.45 has broken and although price is now bouncing off WS1 support at 136. 40 we think this pullback will be short lived and GBP/JPY looks on the edge of collapse down to 134.00