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GBPJPY BROKEN SUPPORT

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
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OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis candlestickpattern supportandresitance fibonaccianalysis
46
18
trendanalysis candlestickpattern supportandresitance fibonaccianalysis
The price broke the support and closed the daily candle below it indicating bearish momentum.

We can expect a retracement to the broken support (Pivot) before resuming the fall to the monthly support.
Comment:
First target reached.

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