Carry trade or yen crosses are rolling over. Hourly charts are turning towards bear territory. RSI indicates bearish divergence. This means the price needs to correct to this indicator which it has not done yet fully. So the obvious sign is more downward momentum to come. GBP/JPY shorted at 149.82 with stop loss at 151.50 and take profit at 148. Here is the chart.

Traducir a inglés Mostrar original