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Dev5777

GbpJpy bearish Scenario

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Dev5777 Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Trend Lines GBPJPY GBP jpy Bearish Patterns sellsetup SELL bearishdivergence weeklymarketsanalysis
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trendanalysis supportandresistance trendline gbpjpy gbp jpy bearish sellsetup sell bearishdivergence weeklymarketsanalysis
The bearish scenario for gbpjpy :

gbpjpy has been pushing up after a big fall....but I don't think it has the strength to continue its bullish movement.

There is bearish divergence since the start of this uptrend and the market is exhausted..it is also at a strong resistance level and from here a fall I very likely


If this zone is not broken then my previous bearish set ups are still valid.
Trade closed: target reached:
tp HIT !!! + 480 pips
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