GBPJPY: Very Bearish Outlook 🇬🇧🇯🇵

Short

British Pound / Japanese Yen (OANDA:GBPJPY)

Updated

OANDA:GBPJPY British Pound / Japanese Yen

Wedge Support and Resistance Supply and Demand GBPJPY pound yen japaneseyen Forex

wedgepattern supportandresistance supplyanddemand gbpjpy pound yen japaneseyen forex

snapshot

Hey traders,

Last week GBPJPY reached 151.4 - 151.6 strong structure resistance cluster.
Steadily growing within a rising wedge pattern, the price broke and closed below its support.
With a consequent retest, a bearish continuation is expected.

Goals:
150.55
150.15

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