GBP/JPY about to fall again!

Short

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

Trend Analysis Technical Indicators Wave Analysis gbpjpysell gbpjpyshort gbpjpyanalysis opportunity chance swingtrading

trendanalysis indicator waveanalysis gbpjpysell gbpjpyshort gbpjpyanalysis opportunity chance swingtrading

Hey tradomaniacs,

recent re-test of primary trendline and resistance has been rejected and could cause a continuation of the actual trend.

JPY-Basket also looks bullish while the USD is still putting pound under pressure.

Overall good correlations for a GBP/JPY-Short-scenario and great risk-reward here.

What do you think?

Comment:

snapshot

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