Hello traders, I have been watching carefully all the pairs with the yen. Everybody are selling the yen but it has reached levels on which it is hard to see if the resistance will be breeched. I have just a sixthe sense on exactlly the pair GBP/JPY. It will go down (with probability less than 20 %) In poker 1% is enough to turn around the luck. So I will not post here pictures but I have set my positions on shorting this pair. Another thing to add is that obviously GBP/USD is trying also to break the resistance which looks very tempting. Ofcourse we will not act absolutely stuborn, just small stoploss a little above the resistance because if it is broken than this movement up will be unstoppable.
