positive correlation between GbpJpy and EurJpy. check my previous idea for EURJPY analysis. Would be expecting the completion of a head and shoulder pattern on the 4hour time frame and a likely M formation on the 15mins Tf . you can place a sell limit when market opens but i will wait for the formation of reversal candlesticks. 339 pips down. SHARE YOUR THOUGHTS IN COMMENT SECTION. Enjoy!