The GBP / JPY made a withdrawal from 120.50 yesterday and now returns as the support 120.
All indicators are bearish.
We continue to advise short positions as 120.67 is resistance.
The breaking of 119.32 will give a new sell signal and open the way to 118.63.
In case of return above 120.67, we will be neutral between this level and 121.
The break of 121 would give a buy signal.
All indicators are bearish.
We continue to advise short positions as 120.67 is resistance.
The breaking of 119.32 will give a new sell signal and open the way to 118.63.
In case of return above 120.67, we will be neutral between this level and 121.
The break of 121 would give a buy signal.
