As price approaches a key trading confluence of a trendline and key level, it has produced a wedge continuation pattern. if a clear head and shoulder or double top prints on this confluence point, or a daily reversal candle, it will be a great opportunity to sell this pair. Goodluck
The GBPJPY pair has entered a major confluence zone. its apparent that there has been a rejection from the zone and price is headed south. im selling the pair for 100 pips with a 70 pip stop loss for spikes. also, the japanese yen is expected to rise this week with the british pound expected to drop