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theforexdaddy

GBP/JPY LOOKING BEARISH

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
theforexdaddy  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns Fibonacci Retracement goldenratio downtrend retracement GBPJPY
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trendanalysis harmonicpatterns chartpattern fibonacciretracement goldenratio downtrend retracement gbpjpy
Technical analysis:

*- Nice downtrend with lower lows & lower highs on 4H & Daily timeframe
*-61.8 fib retracement fits almost perfectly with my resistence and trendline
*-Huge bearish engulfing candle
*-xxxJPY other pairs are also looking bearish
*-On the long run I am expecting this pair to meet 142.5 are

Have everyone a good week and #Tradesafe
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