GBPJPY: Important Breakout & Bearish Continuation 🇬🇧🇯🇵

Short

British Pound / Japanese Yen (OANDA:GBPJPY)

OANDA:GBPJPY British Pound / Japanese Yen

Trend Analysis Chart Patterns Wave Analysis priceaction swing trader fxtrading

trendanalysis chartpattern waveanalysis priceaction swing trader fxtrading

snapshot

GBPJPY broke and closed below a strong support cluster.
Now the broken area turned into a resistance.

For safe entries, I would prefer to wait for an occasional retest.

151.15 - 151.6 will be the zone from where I will look for shorting opportunities.

Next support - 150.0

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