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Brotec02

GBP_JPY: Short the Pound at the Resistance

Short
Sterlina / Yen giapponese (FX:GBPJPY)  
Brotec02  
FX:GBPJPY   Sterlina / Yen giapponese
Wave Analysis Trend Analysis Chart Patterns gbp_jpy GBP jpy
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waveanalysis trendanalysis chartpattern gbp_jpy gbp jpy
Pound broke the support level, now become resistance.
Before it could go up, a sell pull back right at the support level is right idea.
Daily Timeframe analysis shows that GBP_JPY is still on leg4.
This week is a very good trade as there is a two trade set-up for GBP_JPY.
One is short trade and another which is bigger move buy trade going up.
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