ForexGoldenBoy

GBPJPY : Bearish scenario

Short
FX:GBPJPY   British Pound / Japanese Yen

Prices have bounced off the high end of the triangle
Now they seem to be heading towards the lower boundary
If they manage to break it, it will reinforce the bearish continuation hypothesis.
This could lead prices to new lows.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.