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PipskeetFX

GBPJPY Outlook

Short
British Pound / Japanese Yen (FX:GBPJPY)  
PipskeetFX Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators
5
5
trendanalysis indicator
An overview of what I see on the Pound / Yen chart. Having a bearish bias since it broke the 1H trendline. Since I trade trendline breakouts, hoping to see a break of trendline to the downside on the H4 / 1D timeframe. Will keep updating this chart.

Thank you for watching!
Comment:
Quick update. The pair made a gap on Monday open after last week's close below the trendline.

For entry, I would like to see either a retest of the trendline it broke last week or a break to the bigger trendline below.
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