gbp/yen update asia session:

yeah,gj still playing around at the lower support line,i dont want to risk more,just set my stop loss at 157.00.it may hit if current low 157.3 fail to hold the price,if not gj may rebounce from here

gbp yen update ending us session:

After a depth analysys,i see 2expanding triangle happen on gj,the first expanding breakout after failure around 61.8% price bounce and breakout the previous double top around 160.30.2nd expanding now bounce a bit after touch lower line pattern,so let see at asia or london open next,does gj can soar above 50%---61.8%(160.30---161.05 zone).The next price action depend with this rules,either sustain above 161,40 for higher price or failure that level(160.3---161.05) to smash gj to the deeper sea:D

verify action:possible higher above 161.05
:possible lower below 157.00

Gbp/yen 1h us session update:

Regarding my plan to hold the buy,i see the expanding triangle in 1h..so let see if this pattern hold.if not.i will exit buy at the last support around 157.4-----157.00

Gbp/yen update us session.same with gj and i just cover buy limit around 157.50 but still not hit yet,by the way..im hold all the buy position except gj pass 157.00 level.means all position stop loss located around there.

gbp/jpy update asia session:

Below 160.00 turn focus toward next support 158.85 or lower,above 160.00 indicate rebound in progress toward 161.00 or higher.Be careful with nfp data today:D

Gbp/yen update midday us session,nice job gbp/yen..now 160.00 support hold..current condition weak,anytime should rebounce or continue down,key level below 160.00 turn focus toward 159.00 or lower.above 161.20 indicate rebound in progress toward 162.00 or higher

Gbp/yen update asia session:

sell below 161.77 add more sell 162.20,target 160.00 or lower around 158.85,above 162.85 will cancel this option

Above is hourly gj chart,where the weekly pivot range i highlighted with the blue label,245.87 to 246.77..When trading base on pivot range,the price is bias up.meanwhile candlestick hourly show dragonfly doji,the buyer comin in the last,but not enough to up more.By the way this week i think it will continue up,just buy stop after hourly trendline break at 247.45,or you can wait more lower price.The first target for this week is 250.67 and sl at the last weekly pivot range 245.87..