GBP/JPY short to 179. Strong selling pressure towards end of last week. Price is at key support level so we may see a pull back to 182.500 before a move down. Keep an eye on the price action when the market opens on Sunday night. I will wait for break of level prior to entering trade.
Target level of 179.00 This coincides with ascending trend line, 200EMA and .618 fib.
Target level of 179.00 This coincides with ascending trend line, 200EMA and .618 fib.
