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GBP/JPY is poised for another move...

Potential for a fall here with the GBP/JPY. Notice how it's sitting on the 200 ema (black line)

Any move below 151.50, could create another move south, heading for support at 148.80.



#forex traders also look out for another move on EUR/AUD soon...


...Notice support at 1.5960, we could see a reversal at this point, where the rpice will resume it's uptrend, potentially.


The 200 ema sits at 1.5942, so we may have to wait for a reaction there. Just have to be patient. A similar chart for NZD/CAD for another buying opportunity.



Any questions please email me : info@thetradingmentors.com


Chris


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