decentshaw

GBPJPY May be coming down

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY. clearly an uptrend. But we know all uptrend lasts. Technically the pair is in strong uptrend. In Weekly longer time frame chart which can see the breakout of horizontal support near 158.

We can see in 1H Time frame that pair has made a Doji and kind of Head and shoulder pattern characteristic by Lower high 1H candle. The trend seems exhausted and pair may see reversal. share your views and comments.
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