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GBPJPY Bearish Triangle Pattern.

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Fx_Trader_ViSa  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns GBPJPY gbpjpyanalysis pound dollar eurodollar Forex forexsignal forextrend forexanalysis
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trendanalysis harmonicpatterns chartpattern gbpjpy gbpjpyanalysis pound dollar eurodollar forex forexsignal forextrend forexanalysis
GBPJPY is forming a Descending Triangle pattern, which is a bearish pattern. According to chart pattern analysis, we might see a downside in GBPJPY toward support level 1 and support level 2. One can initiate the short side trade at the current level with proper risk management and stop-loss.

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