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hisudan97

GBP/JPY (1D) at key supply zone, likely to head south!

Short
British Pound / Japanese Yen (FX:GBPJPY)  
hisudan97  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
GBPJPY is approaching an important supply zone on the daily chart. Confluences for a bearish reversal signal include RSI divergence and a rising wedge chart pattern.
It would be a good idea to wait for the price to break our trendline and make a pullback in order to make an entry.
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