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FX_Rhapsody

GBPJPY Breakdown Analysis

British Pound / Japanese Yen (FX:GBPJPY)  
FX_Rhapsody  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis
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trendanalysis
Looking at GBPJPY we see price almost retracing back to the 62% Fibonacci Retracement area. Not a lot of change against the Yen if we look at the COT reports, but the Yen is sitting on an extreme low and chances of positive movement against the Yen is very strong.
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