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VladimirRibakov

Look for sell opportunities in GBPJPY

Short
British Pound / Japanese Yen (FX:GBPJPY)  
VladimirRibakov  
FX:GBPJPY   British Pound / Japanese Yen
gbjpy technical_analysis SELL shortsetup Trend Lines waveduplication
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gbjpy technical_analysis sell shortsetup trendline waveduplication
As long as the bearish trend line holds the price we can expect the GBPJPY to continue lower. There is a potential double wave up correction, forming on the H1 chart.
We should follow the up trend line and most recent support for a break. If successful we may consider going short.
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