OANDA:GBPJPY   Британский фунт / Японская иена
GBP/JPY SHORT TERM BUY

GBP/JPY has been trading sideways lately, specifically since Nov. 4, when it fell sharply after coming across the 156.20 zone. The current range is between the 152.60 and 153.70 barriers, which suggests a short-term neutral bias.


The British pound initially tried to rally during the course of the week but has turned around to show signs of weakness as we have formed an inverted hammer.

A pull back into 154.00 area will be great, to look for a daily lower high for continuation short.






























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