Today in the forex market the GBP/JPY had a sell signal on The Forex Heatmap®. This pair sold off strong to just above the 184.00 support level. We would scale out lots at this price but it could continue lower and has additional room to drop on the H4 and D1 time frame. The AUD/JPY also dropped today and this pair should continue down to at least the 82.50 support, and possibly much lower since this pair is in a strong downtrend. The sell signal for the GBP/JPY is below.
GBP/JPY Sell Signal 9-22-2015
