GBPJPY pair dropped after Double top, and now came back 100%.

I would like to suggest to sell this pair from the current resistance level.

(Sorry, this posting may be too late again?)

Well, I hope this will be the trade for London hours.

 

2015-10-16_13-48-16-GJ2

1st target will be DPP & WPP cluster @ 183.63.    2nd target will be 183.00.

 

For the entry, let us wait for Lower Low (break of 184.00), and sell from the next Lower High.

2015-10-16_13-53-04-GJ3

 

Hope this analysis will help.

 

YJ Baik – Forex.Today @ Tokyo

 

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