Previous post we were waiting for confirmation to sell, at this moment GBPJPY has gone back up to test the recent highs. It is time to enter your sell positions, SL could be set at 140.500 area or at 141.500
GBPJPY - waiting on the signal to confirm this sell, if the current 4 hour candle closes below 138.650 then it will be a sell off to 137.400 - 136.700 area.
once that occurs ill come back to update on a sell on the daily time frame. Looking at all the other JPY pairs its looking like the will all go for a sell, but we will have to wait for the confirmation.