GBP/JPY - Similar behavior here. Price was trending up, it rea | Forex.Doc by San Shone

GBP/JPY - Similar behavior here. Price was trending up, it reached 153.500 level and formed bearish reaction. Price also broke 152.600 zone that acted as resistance and support. I expect to see further move down.
*Hourly indicators and moving averages are giving us sell signal. Keep on mind that these indicators and moving averages don't predict future moves and many times can give wrong signal.