FX:GBPJPY   British Pound / Japanese Yen
New downtrend formation starting the cycle with A formation followed by a M. I also believe a wedge was formed (descending triangle) further increasing my prognostication of a downtrend.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.