ForceFollower

GBPJPY D1: At The Upper MLH

Short
FX:GBPJPY   British Pound / Japanese Yen
If this pair fails to close above the upper MLH, I'd expect a move a down. A declining MLH, coupled with the horizontal resistance from the range to the left may be a strong enough force to start a more pronounced correction to the downside.

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.