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enkuye91

Possible Head and Shoulders pattern forming on the 4hr...

Short
British Pound / Japanese Yen (FX:GBPJPY)  
enkuye91  
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY Head and Shoulders short
2
0
gbpjpy headandshoulders short
Bearish h&s with price also struggling to pierce resistance at around 194 (which is also a psychological price area). Confirmation of the h&s pattern will be once it breaks through the support area at around 193.30.

Overall target will be 191.80
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