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benjaminhay

GBPJPY sell opportunity

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
benjaminhay Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Fundamental Analysis
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trendanalysis supportandresistance fundamental
the pair has been in a bearish momentum for a while and was consolidating on a support level with weaker rebounds and did breakout this morning.

BoE interest decision is scheduled this afternoon, the pair could come back to the breakout level before continuing to the downside

retail sentiment (myfxbook) : neutral
Comment:
abort this setup, price is too low now

maybe wait for potential buy opportunity on the daily support
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