On the Daily GBPJPY
has come to a level of very strong Resistance. The 100 Pip zone of 147.000 - 148.000 has proven as a level of Support / Resistance in the past as well, each time successfully rejecting price. Looking at Daily candles, I see a lot of bull rejection, which could be signifying a move downwards to the next zone of142.000 - 143.000. Lets see how it goes.