DJW1998

GBPJPY - 1H CHART ANALYSIS ( POTENTIAL DOUBLE TOP )

Short
FX:GBPJPY   British Pound / Japanese Yen
Hi guys,

Please see attached just a brief chart of GBPJPY on the 1H timeframe.

As we can see there is a potential double top forming so I will be watching price to see if we get a push to the downside to break the neckline.

If we get a break of the neckline this should bring further selling pressure into the market and give us a strong push to the bottom of the channel.

Keep this on your watchlists.

Any likes and comments would be appreciated.

DWFX
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