Gbpjpy 4 august: intersting short setup

This may work or not but we are hitting an old support that would offer some resistance and we have also a nice fib level. We need mainly Yen stronger across the board ( USDJPY will show that ). Check 1h chart.

Your comments too are welcome and you can always reach me on twitter @fx_13.

(Please click on the forex chart thumbnail to enlarge)