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EliteTradingSignals

GBP/JPY BEARS ARE STRONG HERE|SHORT

Short
British Pound / Japanese Yen (FX:GBPJPY)  
EliteTradingSignals  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis GBPJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis gbpjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage
snapshot
Hello,Friends!

The BB upper band is nearby so GBP/JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 168.669.

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