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bluepipsforexsignals

GBPJPY BEARISH SIGNAL ACTIVATED

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
bluepipsforexsignals  
OANDA:GBPJPY   British Pound / Japanese Yen
Wave Analysis Trend Analysis Technical Indicators yen riskoff
5
0
waveanalysis trendanalysis indicator yen riskoff
The pair is currently in wave 4 formation in a down trend movement. There is a chance for advancement in wave 5.

Sell below: 132.70

Stop loss: Above 134:35 (The setup will be invalid at price beyond this level)

Take profit (At wave 5): 129:50

Fundamentals
Sentiment is currently in risk off which favor strength in YEN against other major pairs.
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