GBPJPY found the sellers

Coming into resistance and showing a sign of weakness
is the GBPJPY at the moment. Hitting a previous low
that has brought back the sellers, the anticipation is to
look for a push back toward the lows. Any micro rally
back up to the high at 168.42 will give a good
opportunity for a short position with a small stop. The
more amount of time that passes with price remaining
beneath that level will increase the probability of this
pair working back to 160 in no time