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MarcellusLUX

GBP/JPY reversed from descending trendline , fall likely

Short
British Pound / Japanese Yen (FX:GBPJPY)  
MarcellusLUX  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis GBPJPY gbpjpyshort gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpysell
30
10
trendanalysis chartpattern beyondta gbpjpy gbpjpyshort gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpysell
GBP/JPY couldn't break the descending trendline resistance and currently,
price is on it's way to the 154 level.

Sellers who sold at the resistance, can continue to hold their sells and target
the 154 level as initial TP.

Fresh sells can also be executed if price reaches the 155 level once again.
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