GBPJPY: Correctional Movement Ahead?! 🇬🇧🇯🇵

Short

Livre sterling / Yen japonais (OANDA:GBPJPY)

OANDA:GBPJPY Livre sterling / Yen japonais

mtfa trendline candlestick gbpjpy pound yen japaneseyen forecast trader forextrading

GBPJPY reached a recently broken major trend line.
We see a strong bearish reaction from that with a formation of a bearish engulfing candle.

Taking into consideration that the pair is locally overbought, the price may drop.
Next support - 157.6.

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about GBPJPY 2

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GBPJPY: Correctional Movement Ahead?! 🇬🇧🇯🇵

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