British Pound / Japanese Yen
Short
Updated

GBPJPY Bearish Pennant

66
1H Bearish Pennant

Trend Continuation pattern.

Expecting swing movement to 150.600 as 1st swing TP
2nd swing TP is 149.800.
3rd swing TP is 149.150.

Expecting Daily/weekly to continue bearish.
Note
15m & 1h bullish divergence

could be a pullback up before continuation to downside

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.