Today in the forex trading The Forex Heatmap® signal system gave a buy signal on the GBP/JPY. You an check the heatmap below, and it shows that the Japanese Yen (JPY) was weak on all pairs, which drove these pairs up. The British Pound (GBP) was mostly strong and this pushed the GBP/JPY strong movement to the upside. This pair is in a long term uptrend, so it could easily continue up to the 189.50 resistance area from here, so we consider this to be a hold. The signal system you see below is The Forex Heatmap®, which gives live buy and sell signals for 28 currency pairs.
Forex Signal System GBP/JPY Buy 12-11-2014