Dislikedof the most recent move up - we are sitting at the 61.8% fibo on the hourly chart. Looking like more time down if we get an hourly close below this level - will be interesting to see if goes to 238.46 - 100% retracement. Anyone?Ignored
it is difficult to say.. though my insight on GBPJPY is a "bullish-active" sterling is under several pressure...
Maybe GBPJPY was not the best carry trade pick this week...
iiivb