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maccabean

A simple chart that has big implications

British Pound / Japanese Yen (FX:GBPJPY)  
maccabean  
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY jpy pound sterling
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gbpjpy jpy pound sterling
Buy stop and sell stop opportunity.

however by Sunday 13th of May, we may see a structural change to the upwards trending GBPJPY or it may continue along it's merry way to 176.

In any case, it's a good opportunity for an entry order.

My bias is down as JPY picks up strength.
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