price action is indicating a little long position.
Watchout for this level. one of my fav chart because it is easy to read and predict.
price is now on strong support lets see what market does from this area. on a bigger picture i think another head shoulder is cooking.
Good Intraday trade opportunity for those who are looking for long entries in GBPJPY
Current Chart Analysis are Showing early signs that that bear are again taking control. If 7965 Breaks then Next should be 7861
Lookout for this level. Dollar is looing weak today. watch this level.
If Bulls Hold at this point then we will see another high
Prices may consolidate at this point if you are not already in. you can watch this level closely
Wait for consolidation to end. use these levels for intraday trade
