GBP/JPY Pt.2: Long Term Shorts & Short Term Longs!GBP/JPYOANDA:GBPJPYSimonCaspelPrice is heading towards our Daily Resistance but as it does that it approaches a Minor Resistance level so the question is what will price do? Well to my understanding; I think price will bounce off lightly before smashing through so that means that we really don't have to look for any trades at all! The 20 SMA: Very Bullish on the 4H Timeframe which will apply to the lower timeframes. The 100 SMA: Bearish which is seen on the 4H but this would apply for a long term setup and not short term and the result of this bearish trend is caused by a Internal Market Shift to the downside.