The following post is a comment I was leaving a website I visit.
It’s my analysis of the GBP JPY Daily chart.
Hey James,
Nice trade. I wanted to share my analysis on the GBP/JPY daily
chart. I believe we have found support around 139.50’s and the recent
swing high, on the 4th of Dec was higher then the ensuing bear move.
Meaning we are going to head higher from here. Today’s candle is
slightly bullish as well. Higher low and closed higher then
yesterday’s close. This is just my “view” I trade shorter time
frames and take what “I SEE.”
http://trading-system-strategies.com/wp-content/uploads/2009/12/gbpjpytrade1212-150x150.gif