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GBPJPY Divergency Spotted

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British Pound / Japanese Yen (FOREXCOM:GBPJPY)  
FahimLatif  
FOREXCOM:GBPJPY   British Pound / Japanese Yen
Trend Analysis Wave Analysis Technical Indicators GBP pound GBPJPY jpy yen brexit breakout rejection
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trendanalysis waveanalysis indicator gbp pound gbpjpy jpy yen brexit breakout rejection
GBPJPY has reached the lower trendline. We're talking about the 4th touch on the daily trendline where we could see a potential breakout to the downside.

RSI is indicating divergency in the pair but the pair is facing rejection on the trendline (long candlesticks). We must wait for a clean breakout.
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