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Jiren-SphynChannels

GBPJPY: shorted!

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
Jiren-SphynChannels Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators Fundamental Analysis GBPJPY gbpjpyshort gbpjpylong gbpjpyanalysis gbpjpyforecast gbpjpyprediction gbpjpy_outlook gbpjpydaily gbpjpysell
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trendanalysis indicator fundamental gbpjpy gbpjpyshort gbpjpylong gbpjpyanalysis gbpjpyforecast gbpjpyprediction gbpjpy_outlook gbpjpydaily gbpjpysell
Technical Overview

The GBP/JPY currency pair showed a bullish-harami candlestick pattern on Friday, which resulted in consecutive positive gains. This pattern was further confirmed by Monday's price action. The pair initially reached a low of 168.86 but quickly rebounded and surged towards 170.49. Currently, the GBP/JPY is trading at 170.47 as of writing.
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Comment:
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