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EliteTradingSignals

GBP/JPY BEARISH BIAS RIGHT NOW| SHORT

Short
Livre sterling / Yen japonais (FX:GBPJPY)  
EliteTradingSignals  
FX:GBPJPY   Livre sterling / Yen japonais
Trend Analysis Chart Patterns Wave Analysis GBPJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis gbpjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

GBP/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 10H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 181.516 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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