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GBPJPY Trend Reversal Head & Shoulder Pattern At Top.

Short

British Pound / Japanese Yen (FX:GBPJPY)

FX:GBPJPY British Pound / Japanese Yen

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trendanalysis harmonicpatterns chartpattern gbpjpy gbpjpyanalysis pound dollar euro yen forexsignal forexanalysis forextrend

GBPJPY is forming the head & shoulder pattern at top . which is bearish trend signal . according to chart pattern analysis we might see down turn in GBPJPY towards the support level as shown in chart. short side trade can imitated with proper risk management and stop loss.

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Trade closed manually: Trade Close above the target price with trailing stop loss