GBPJPY... Decision Time .. Can the USDJPY make more headway with the Falling stocks.
Actual Charts are within the links provided below...
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GBPJPY Daily - 151 looks solid for now.. However a break can dent the Up Trend it is trying to form in..
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GBPJPY 4 hr - Clearer highlight on the 151 handle as must hold zone - Else a systematic drop...
Shorting FX_IDC:XAUUSD till major support line at 1307. After a breakout of CTL, which has been running since 25th August we can see shorting positions coming into play. You can also see the 9 Day EMA has risen above the latest bar therefore showing bearish momentum.
Happy Shorting ;)