GBPJPY Forecast September 16

The GBPJPY attempted to push higher yesterday, topped at 151.74 but whipsawed to the downside and closed lower at 149.44. On my h4 chart below we can see that after had a significant bearish momentum from 163.05 and hit 149.02, the pair has been corrected higher but never really able to stay above the 23.6% Fibo before fell below it again. The bias is bearish in nearest term re-testing 149.02. Immediate resistance at 150.30. Break above that area should lead us into no trading zone.

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