GBPJPY bounce from resistance

Short

British Pound / Japanese Yen (FOREXCOM:GBPJPY)

Updated

FOREXCOM:GBPJPY British Pound / Japanese Yen

Chart Patterns Technical Indicators Trend Analysis bounceback TRENDLINERETEST

chartpattern indicator trendanalysis bounceback trendlineretest

Price on GBPJPY made a pullback after a break of support (yellow rectange) and has tried 2 times to go back above it but keeps failing. I expect downtrend to continue.

Comment:

Trade got stopped out. 0.37% loss

snapshot

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