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Dev5777

GBPJPY 1h timeframe analysis

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Dev5777 Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Trend Lines GBPJPY GBP jpy bearishdivergence Divergence liquidity weeklymarketsanalysis Bearish Patterns
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trendanalysis supportandresistance trendline gbpjpy gbp jpy bearishdivergence divergence liquidity weeklymarketsanalysis bearish
GbpJpy has made a strong push up but has lost its bullish momentum and has reached a strong resistance zone + the 50% fib retracement level.

Im expecting a push down to the recent low and possibly a down trend continuation. Trail profits.
Comment:
Seems to have broken out of the uptrend! im really sure it will drop from here.
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