traderpulse

GBP/JPY Technical Analysis

Short
FX:GBPJPY   British Pound / Japanese Yen
From this our analysis, There is a Triangular elliot wave pattern drawn between 144.977 & 153.800.
* If the current market price will reach the 4th elliot retracement price @ 150.573 means it will bearish until price @ 144.977.
* If the current market price doesn't reach the 61% retracement, it may bearish within the triangular shape until price @ 147.00. There is a pull back chance after bearish .
Also we will update the price breakout shortly depending upon the market movement.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.