GBPJPY analysis - has the trend reversed??



daily chart

Bulls pushed the beast up 700 pips yesterday. A look on the daily chart reveals that the Monday bearish candle had failed to fall below the dotted trendline.

Therefore, the current market sentiment is bullish. However, has the MAJOR trend reversed??? :-?

Tonight NFP result holds the answer.... :-s

Good luck and happy trading... :D
UPDATE:
9.55 pm - bad NFP result
the beast is still whipsawing up and down...
better wait until the dust settles down :d
better still, wait until next week :))

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