FireXForex

GBPJPY was on correction

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FOREXCOM:GBPJPY   Libra Esterlina/Iene Japonês
In my idea GBPJPY will drop to 126.98 and then 126.11. There is no reason GBP changes the direction of GBPJPY to up trend. These correction waves happened many times in its downtrend. Also the support line broke yesterday at night. Huge volume of positions are in Buy. Banks are not going to give easy profit to the majority of traders in this moment with Buy orders. Always minority of people are successful in Forex.

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