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FXAristocrat

GBPJPY is expected to move lower towards the 151.500 (again)

Short
British Pound / Japanese Yen (FX:GBPJPY)  
FXAristocrat  
FX:GBPJPY   British Pound / Japanese Yen
Volume Trend Analysis Chart Patterns GBP jpy GBPJPY Supply Zone Demand Zone
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volumestudies trendanalysis chartpattern gbp jpy gbpjpy supplyzone demandzone
1. Downtrend.
2. Market is testing a horizontal resistance level around the 153.500 area.
3. Market is testing a Supply zone that was not tested before.
4. Price action illustrating the rejection of higher prices.
5. Increase in Volume -> Extensive selling.
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