GBP/JPY still howering below the descending green action-reaction pitchfork sets ML. If it holds price should come down and be looking for the lower green ML @ around 151.50ish. If it breaks upwards, we will be looking to potential target of 160, and that would be the 4th touch of the upper green ML, that would basically mean the kiss of death - a break of it. Lets see how this plays out.
Link to my previous post with screenshot : http://www.forexfactory.com/attachme...2&d=1225954395
Cheers.
Link to my previous post with screenshot : http://www.forexfactory.com/attachme...2&d=1225954395
Cheers.