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VanSteenMarketResearch

GBPJPY - Trading update 8th of June

Short
British Pound / Japanese Yen (FX:GBPJPY)  
VanSteenMarketResearch  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Trend Lines GBP sterling pound yen jpy japeneseyen Forex trend SELL
0
0
trendanalysis supportandresistance trendline gbp sterling pound yen jpy japeneseyen forex trend sell
Expecting further bearish move. The Asian session made the yen strenghten (so GBPJPY weaken).
This sell off was quite significant making it difficult for price to continue higher.

Now looking for a drop towards 144. Potentially retesting the trendlines to make one more swing before continuing down

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