PatrikK.

GBPJPY Trend broken

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY has broken trend line. We might expect downside move soon. But first, price will move a bit up to resistance line, retest and hopefully bounce back down. Our targets are set aprox. 350 pips and 570 pips. Price can go downside as long as for a month so be patient.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.