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Uncharted-FX

GBPJPY potential bottoming/reversal pattern here.

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Uncharted-FX  
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance Double Top or Bottom Head and Shoulders GBPJPY gbpjpylong yenpairs Forex forexsignals forextrading fx
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supportandresistance doubletoporbottom headandshoulders gbpjpy gbpjpylong yenpairs forex forexsignals forextrading fx
GBPJPY looking interesting on the 2 hour chart. We have what looks like a double bottom, and also what could be a head and shoulders in the making.

Again, all a head and shoulder indicates is a shift in trends. If we get a break and close ABOVE the 129.80 zone, we confirm a higher low and the head and shoulders break.

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