olly48

GBP/JPY has reached resistance

FOREXCOM:GBPJPY   British Pound / Japanese Yen
This is at resistance, its time to keep an eye on the next move it makes. If it can break resistance then wait for it retrace and test this area as the new support before entering a long trade. The next resistance level is marked in green, this can be the take profit target. If it does not break the current resistance then expect a fall to support around 137.6 to 137