Great Britain pound continue its weakness trend of trading Below 1.30 level. Bear look to Sell GBPJPY at the potential resistant level about 133.50 and look for 123 reversal pattern to Sell.

GBPJPY 4H ( 12 Aug , 2016 )

4H 21 and reversal area is potential for Bear to Sell

GBPJPY 1 H ( 12 Aug , 2016 )

Looking at 1H Wait For London opening for potential 123 Lower low then lower high to Sell

2 thoughts on “GBPJPY Daily activity”

  1. Dalmas Ngetich - FOREX.TODAY says:

    Hi Chan,
    I think this pair might trend higher today. I see that break above that resistance trend line in the 1 Hour and 4Hour chart. Mark you, yesterday, the bulls took charge in the daily chart and today i might see that continuing up towards the 134 price level. What do you think?

    1. Daniel Chan - Forex.Today says:

      Thanks Dalmas.

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