Sentiment : 131 130.50
The pair GBP/JPY made yesterday a new pullback on 130.50 and then got back below the support at 130.15. Indicators are globaly bearish. We continue to advise short positions as far as 130.50 is resistance. The breakout of 129.50 will give a new sell signal and open the way towards 128.85. In case of return above 130.50, we will be neutral between this level and 131. The breakout of 131 will give a new buy signal.
Chart of the pair GBP/JPY - Timeframe 4H - Zoom in :
Chart of the pair GBP/JPY - Timeframe 4H - Zoom out:
GBP/JPY Live Chart - Timeframe : 4h