GBPJPY Long Term

Monthly Double Top will be confirmed on Dec 1st.

Weekly Bearish Divergence in confluence with Monthly Double Top indicating major drop.

Oct/Nov 2020 (New Fiscal Year) price started its push up. All of 2021 was Bullish. Creating Bearish Divergence for a new currency cycle.

Expecting all of 2022 or most of it to be a sellers' market once price breaks Monthly Neckline.

Also expecting economic news to support the technical analysis.

If Monthly Double top and Weekly Bearish Divergence plays out expecting price to return back to demand zone 136.000.

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