Livre sterling / Yen japonais
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GBP/JPY Bearish reversal on the cards? +1200 Pips potential

1294
Dear traders, GBP/JPY's bullish momentum is fading and we are seeing
increasing bearish pressure on GBP/JPY.

184 level has not been breached, and we have multiple rejection candlesticks
in this level. So, if the bears step at this level, expect a rapid and big decline
in GBP/JPY. There is a potential for a 1200 Pip fall to 171 level. So, look for strong
bearish impulse and sell GBP/JPY is the mavs are breached in the hourly and 4Hour chart
.
Note
Price has fallen below the 100hour moving average

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