EliteTradingSignals

GBP/JPY BEARS ARE STRONG HERE|SHORT

Short
FX:GBPJPY   British Pound / Japanese Yen
Hello,Friends!

GBP/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 187.886 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Comment:
We are seeing a good move already so we will keep the trade running!

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