Post:0005
Famous Technical analysts like Christopher Lewis "www.fxempire.com" are optimistic towards the GBPJPY, they saw that price will continue higher & call for long position as the GBPJPY breaks psychological resistance "150" upwards which turns to support which acts as price floor ! & they don't stop talking about the GBPJPY price gape bla bla bla .. but I have another opinion .....
Ok .. I see the GBPJPY now forming reasonable peak & it is heading to 140 downwards ! & on that way it will face 148-149 area as a support may form nice correction upwards but still heading downwards thereafter.
So I will go "short" waiting close signal.
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