Our short term trading analysis on GBP/JPY, we recommend short GBP/JPY Below 133.05 for target of 132.05 and 131.65 keep stoploss above 133.35. Why to go Short: This pair is still trading below its 50 DMA on Daily chart. 133.85 is a strong resistance level and the pair is likely to stay below this level. So trend should stay bearish for short term (for 2 weeks). ... [Continue Reading]