CURRENCYCOM:GBPJPY   British Pound / Japanese Yen
Idea from a beginner. RSI is currently touching the oversold level checked up on 15m 30m and 1h timeframes, 30 min shows a 80 level and the 1 hour shows a 74-75 level. Price will in a couple of hours start to launch upwards to the resistance, however with the strong long term trendline breaking, I am expecting for the resistance to hold very well and for the price to begin its fall once again. I am looking at a short-term buy and then a sell after we recognise the reversal patterns. Good luck and stay patient!

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