As we come mid week of week 10 of the year, the markets are snailing they way this month. However with this being said this gives us a chance to look at other pairs. particularly i am not a GBPJPY trader but it seems interesting for me to do an analysis on it. So without further due lets go. We are currently bearish. So my mind is thinking short however as a counter trade trader we currently have an at market bull bat which i have not drawn out but is worth considering. At 183.37 this is a level i would watch for a possible sell option. As a filter if price reaches this level i would look for a double top LLLC.
Good Trading Guys
Good Trading Guys
