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GBPJPY: Bearish Continuation

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
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OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis swing pound yen japaneseyen poundsterling jpy GBP GBPJPY forecast
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trendanalysis chartpattern waveanalysis swing pound yen japaneseyen poundsterling jpy gbp gbpjpy forecast
snapshot

GBPJPY is retesting 135.5 major structure resistance level.

on hourly chart the price has formed a double top formation with a lower high
and broke below its neckline after market opening.

now the broken neckline and 4H falling trend line serve us a local supply area.
chances are high that we will see a bearish reaction from that.

first goal - 1.3455
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