gbpjpy holding below 147.5 level and drop down if hold below 147.5 as corrective move we can see toward 142-144
also trading below weekly pivot 146.89 and daily pivot 147 if hold below a drop expected
advice sell in range of 146.4-147.1 sl above 147.5 TP1 144.3- TP2 142
Will explain what you see on the chart , pink dot are old daily pivot point, orange dot old weekly pivot point and red dot old monthly pivot point. New daily, weekly and monthly are on the axis. Blue dot are the quarterly pivot point and green the yearly pivot point. Also the RSI but dont use it to make decision ...
Its stuck on the quarterly R3 114.00 big resistance, above the yearly S1 115.42. Did a high on daily R1 114.30 the algo trading today in range daily R1 to daily pivot 113.90 . If break those go long or short.