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TomBray1

GBP/JPY SHORT

Short
British Pound / Japanese Yen (FX:GBPJPY)  
TomBray1  
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance Fibonacci Trend Lines gbpjpyshort Bearish Patterns pound Trend Line Break fiboncacci marketstructure candlestickpattern Forex daytrading
4
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supportandresistance fibonacci trendline gbpjpyshort bearish pound trendlinebreak fiboncacci marketstructure candlestickpattern forex daytrading
GBP/JPY Short.

Potential set-up with various underlying fundamental confluences such as fear of hyperinflation, Ukrainian War, and Banks trying to tackle inflation.

I will only look to sell if we get a BOS of the mini counter trend which would then form an obvious head & shoulder pattern to support the continuation of the strong downtrend we are currently in.
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