TradingView
Fx_Trader_ViSa
Jun 4, 2020 8:00 AM

GBPJPY Consolidation to Down Trend. 

British Pound/Japanese YenFXCM

Description

GBPJPY has given a good rally. Now at the current level, it is consolidating and forming head and shoulder patterns. According to the chart pattern, we might see a downtrend in GBPJPY after some consolidation. One can trade for downside with proper risk management and stop-loss.


Thanks
More