GBP/JPY Short analysis 280-300 pips possibility
The overall trend for GBP/JPY last couple weeks is for short. I've made this analysis considering various elements in technical analysis which have been respected and some zones that the price has been rejected into aswell in the past.
Couple of chart patterns such as support/rezistance, trendline and fibonnaci have been respected in this analysis, so there is a high probability in the next couple of days for this pair to continue the down trend.
Any comment/suggestion is welcomed.
Couple of chart patterns such as support/rezistance, trendline and fibonnaci have been respected in this analysis, so there is a high probability in the next couple of days for this pair to continue the down trend.
Any comment/suggestion is welcomed.
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