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POSINEXA

Will GBPJPY go down?

Short
British Pound / Japanese Yen (FX:GBPJPY)  
POSINEXA Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis GBPJPY sellsetup SELL Forex minor Fibonacci Retracement
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trendanalysis gbpjpy sellsetup sell forex minor fibonacciretracement
As seen on the displayed chart, GBPJPY will go up slightly past the price of 139.857 at the 61.8% Fibonacci retracement level ratio, before finally going down. On the other hand, if the price continues to move up past the price of 140.450, it is likely that the price will continue to rise.
Trade active:
snapshot
It is time to sell GBPJPY now.
Trade closed: stop reached:
The price has touched the stop point at 140.200.
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