Get started
traderpulse

GBP/JPY Technical Analysis

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
traderpulse  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns GBPJPY gbpjpyshort gbpjpylong gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpy_outlook gbpjpysell
0
0
trendanalysis chartpattern gbpjpy gbpjpyshort gbpjpylong gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpy_outlook gbpjpysell

The counter has been consolidating within a bearish flag pattern after the deep slide.
It hit the upper parallel of the pattern and then made a strong sell-off.
We expect the pair to move lower and break down in the short-term.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.