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MPERAJ14

GBPJPY Short Medium/Long TF trade

Short
British Pound / Japanese Yen (FX:GBPJPY)  
MPERAJ14  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns
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trendanalysis chartpattern
GBPJPY currently sitting on trendline support and previous Fibonacci retracement level. Downward trend could see a bear flag formation throughout next week. There's a high chance of testing the last swing low on Weekly TF then continuing for a breakout short of this weeks low throughout June.

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