GBPJPY is topping soon!
Hi there,
A Bearish Rising Wedge is forming at daily timeframe on GBPJPY, reversal is comming soon, Im waiting for the target arround 154-155 to go in for sells
Jpy will get weak again incomming weeks, as it is slowly changing the bearish trend
After we top in I expect GBPJPY to go for another low on the Monthly timeframe, as USD is showing signs of trend change, JPY follows as it is also a safe haven.
Wait for the targets mentioned to go short
Good luck
A Bearish Rising Wedge is forming at daily timeframe on GBPJPY, reversal is comming soon, Im waiting for the target arround 154-155 to go in for sells
Jpy will get weak again incomming weeks, as it is slowly changing the bearish trend
After we top in I expect GBPJPY to go for another low on the Monthly timeframe, as USD is showing signs of trend change, JPY follows as it is also a safe haven.
Wait for the targets mentioned to go short
Good luck
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