Previous short set up in GBPJPY failed as price continued to push higher. However, the momentum is clearly showing signs of weakening and this could signal a correction in the near term.
Look for how today's price closes. A doji or a bearish close below yesterday could spark the correction. Targets of 132 and 130.
Look for how today's price closes. A doji or a bearish close below yesterday could spark the correction. Targets of 132 and 130.