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Mbjoey

GBPJPY

British Pound / Japanese Yen (FX:GBPJPY)  
Mbjoey Updated   
FX:GBPJPY   British Pound / Japanese Yen
Chart Patterns Trend Analysis Technical Indicators GBPJPY gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpyidea gbpjpysignal gbpjpytrade gbpjpysetup gbpjpychart
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chartpattern trendanalysis indicator gbpjpy gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpyidea gbpjpysignal gbpjpytrade gbpjpysetup gbpjpychart
GBPJPY last came to this area back in November 2015. Although there seem to be some form of rejection around the 184.839. It is very possible that the now found support (based on H4) just might hold however I will rather wait for it to break out of the most recent resistance at 185.522 and retest before I take a buy. Equally the short scenario is very possible and I will rather it breaks out of the now found support at 184.839 and retest it before taking a short, until then, fingers crossed
Trade active:
Takes on the bullish move and is currently in about 65 pips profit, breakeven. Close resistance at 186.725
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