saifi476

British Pound / Japenese Yen

Short
FX:GBPJPY   British Pound / Japanese Yen
It seems like the graph has been in a non-trending market as it has stopped applying higher highs and higher lows for a bullish trend.
It has a resistance at 161.97 and support line at 159.070 and Fibonacci retracement at 0.382 so Short selling should work here.
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.