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Mihai_Iacob

GbpJpy- sell on confirmation

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
Mihai_Iacob  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators Chart Patterns GBPJPY gbpjpyshort gbpjpyanalysis
1
0
trendanalysis indicator chartpattern gbpjpy gbpjpyshort gbpjpyanalysis
I 've spoken on Friday of the fact that a top could be in place for GbpJpy in the 50% Fibo retracement zone. The top is becoming more and more clear and a break of 132.50 consolidation support would confirm this scenario.
If this support is broken the pair could fall to at least 130 zone in the next week.
I'm looking to sell this pair
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