gbpjpyshort

GBPJPY Analysis: Price continues selling as expected and broke our support zone price 138.221. Price is still underneath trend-line and resistance so we expect GJ to reach next support 135.964 Long-term daily timeframe

GBPJPY Analysis: Price sold as expected and is currently below resistance zone price 143.292 and underneath trend-line. We expecting price to reach support 138.221 Long-term daily timeframe

Sell----Current price---144.84

From our analysis, GBP/JPY breached out of bearish pennant flag pattern it will be expected to down more. The price can reach @ 139 considering long time.

From our analysis GBP/JPY failed to break 4/8 @150 value murrey math line which can potentially retest 2/8 and later then test 0/8 murrey math line @ 146.880 price next week target