AlkalineFX

GBPJPY - Stays Fighting

Short
OANDA:GBPJPY   British Pound / Japanese Yen
The pound strength we have seen over the past two weeks has been phenomenal but whatever goes up must come down. I would like to see a slight push above this minor resistance before we collapse to the downside.

The sentiment is heavy selling so we can expect some manipulation before we begin to drop.

Comments

Thank you for excellent analysis
+1 Reply
AlkalineFX McMafia
@McMafia, I appreciate you
Reply
take profit and do not hold. this pair is still a raging bull.
Reply
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