We had some sideways movement for a few days until its continued downtrend , if you look well throughtout the history of this pair , it has been in the zone of 0.86 before , while looking at that history , i noticed similar patterns forming now that show that this pair is heading towards that direction and fueling that is the complex issues in europe . IF europe...
For the past month this pair has been trading withing a terrible range , this pair is better left abandoned as there are more chanced of loses than profits ,
viewing EURAUD , they both drop just recently for no reason . . so i assume that gbpjpy is a contrarian prediction