GBPUSD/EURJPY ANALYSISBritish Pound/US DollarSAXO:GBPUSDTradeRaynerHey Traders; On EURJPY we can see that the pair has been in a deep retrace for the past few trading days, which doesn't mean the trend has changed but that the market is just making a deep retracement. i am currently waiting for a break of 4hr structure support in direction with the daily before i look to execute. GBPUSD is still very similar to EJ but right now we seen a break of structure on the 1hr timeframe and also a break of support which could indicate selling momentum