GBPJPY is Forming Head & Shoulder Pattern, which indicates that trend might get reversed from the current price level. As it is slowly forming head & shoulder pattern, we might see some consolidation before getting a big downside move in GBPJPY one can trade for the short side on GBPJPY for the longer term.
If You Like Idea Do Follow/Comment/Like For More Updates.
Note – Trade With Proper Risk Management.
I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.