Overall GBPJPY is a bearish pair(look at the higher time frames).
Many are anticipating another big fall for the pair and its definitely possible, currently siting at 70% fib retrace and a slow painful grind upwards.
Our golden rectangle is where things matter. A rejection or failure to hold above could be the stone in water show.
Many are anticipating another big fall for the pair and its definitely possible, currently siting at 70% fib retrace and a slow painful grind upwards.
Our golden rectangle is where things matter. A rejection or failure to hold above could be the stone in water show.