Technical Analysis Summary
GBP/JPY
TREND ANALYSIS
We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS)
We have 1 downtrend in yellow that has already been broken only for explanation purposes
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support...
70 Pip range on the 1hr/4hr
i believe the forex market is setting up for fomc
tomorrow, we shall wait and allow price to interact with the
weekly level at 153.400