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Andras1911

Short GBPJPY under 153.000

British Pound / Japanese Yen (FX:GBPJPY)  
Andras1911 Updated   
FX:GBPJPY   British Pound / Japanese Yen
Wave Analysis gbpjpy_outlook
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waveanalysis gbpjpy_outlook
Today the GBPJPY should have turned back, by completing the 5th wave. However, due to the tension between the superpowers GBP has become a kind of safe-haven. If tomorrow or early next week the tension will ease, the pair should turn back towards, 148.000. If the tension remains, be prepared for 156.000.

This is only opinion, make your own analysis.

Be careful and keep an eye on the news an Twitter accounts. Good luck.
Comment:
I would say do not open position yet on this pair. The price is pushing higher at the moment and this might show some new source of unrest. If the price goes above 153.000, I think the way is open towards 156.000.

Be very careful.
Comment:
We hit 153.00 and it only bounced back 18 pips so far. I am prepared for long.
Comment:
The situation is is escalating in Syria. Britain assured US, that they will support as well. As I thought yesterday, the GBPJPY broke through the 153.00 barrier and now, in my opinion the price action is open towards 156.000
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