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British Pound / Japanese Yen
Short

GBPJPY: Bearish reversal activated

By Traderscope
Updated
In H4 we can see that the pair has tested the downtrend resistance line. As it is the third test we can expect that the pair will continue the fall maybe until the downtrend support line. The invalidation of the strategy is of course above the resistance.

Hope it helps !
Note
The pair has tested again the trend line. Let'see what's next. The invalidation will be above the trend line with a confirmation of course
GBPJPYSupport and ResistanceTrend AnalysisTrend Lines
Traderscope
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