Today is the first Asian session of the new month. We have some decent options for GJ tonight.
1) If the current level is held we should see GJ move up to resistance at 136.450
2) If we see a break of 136.450, wait for support to form on lower timeframes to validate buys to fill a 35-40 pip range
3) If we do not hold the current level or we break it later tonight, we can look for sells under the support at 136 looking to tap into the levels around 135.750 where we formed support in NY.
breakouttradingCandlestick AnalysisGBPJPYgbpjpyanalysisgbpjpyforecastgbpjpyideagbpjpypredictiongbpjpytradegjMultiple Time Frame AnalysisSupport and Resistance

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