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GBPJPY: Bearish reversal activated

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Traderscope Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Trend Lines GBPJPY
3
0
trendanalysis supportandresistance trendline gbpjpy
In H4 we can see that the pair has tested the downtrend resistance line. As it is the third test we can expect that the pair will continue the fall maybe until the downtrend support line. The invalidation of the strategy is of course above the resistance.

Hope it helps !
Comment:
The pair has tested again the trend line. Let'see what's next. The invalidation will be above the trend line with a confirmation of course
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