GBPJPY= Accumulation Phase @ 149.00-147.450

Price : 149.00 - 147.450

Price Action : Accumulation phase, stuck in a range since late September.

Indicator : Rob Booker's KD painted last month. Price havent continued gone up but not down either, sideways.

Looking Ahead: whilst GBPJPY is an attractive pair to catch big trends, Yen yo-yo effect so far in the last few weeks make GBPJPY isnt exactly the best pair to trade both in isolation or tagged with Brexit development. However, if there are a risk-off market condition AND bad Brexit news confluence each other, I expect the whole month of October, the GBPJPY theme is the bearish (red arrow)

Potential Targets : All the pink lines *(boomerang levels)