GBPJPY ... Decision Time .. Can the USDJPY make more headway with the Falling stocks.
Actual Charts are within the links provided below...
GBPJPY Daily - 151 looks solid for now.. However a break can dent the Up Trend it is trying to form in..
GBPJPY 4 hr - Clearer highlight on the 151 handle as must hold zone - Else a systematic drop down to 147 handle would be attractive tgt .
Last but not the least the Weekly which I had it on display on few occasion past few weeks.
GBPJPY Weekly --
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GBPJPY Daily -- 151 eventually got a test and a temporary wild bounce. Next attempt to it just might get the break to the lower side.
GBPJPY 30 min - Loving this return to the volatility..
Some simple patterns and the rest Big thanks to the volatility and putting up some fantastic intraday trend to make the most out of it..
Though GJ now has plenty room to travel to the lower side - but perhaps one minor retrace be a good idea intially..