UnknownUnicorn15614419

GBPJPY: consolidation on the line as a signal to fall

Short
FOREXCOM:GBPJPY   British Pound / Japanese Yen
During the growth in a small uptrend, the price broke through the 150.43 support level, fixed on it and continued to grow. The other day it bounced off the resistance 152.11 and a fall can be expected to collapse, but the price has again corrected to the line. Let's consider this as a good consolidation after which the price will still fall to the lower border of the trend 151.79.
SL - 153.49.

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