AgressivLeader

GBP/JPY Short Term Analysis

Long
FOREXCOM:GBPJPY   British Pound / Japanese Yen
Hello Everyone.
Gbp/Jpy has just provided a M Formation, usually after a M Formation we expect the Retracement till the Neckline before the continuation to the downside. So on the short term it will be a long but on the midterm it will be a short.