GBPJPY Simple analysis.
GBPJPY struggled to break weekly Supply, therefore it has been deflected twice, creating a nice double top around 137.617.
We expect heavy volumes of sells Below 137.617 and 135.573.
Wait for a breakout below 135.573 which is also the double top's neckline before a safe short down to 133.498.
GBPJPY struggled to break weekly Supply, therefore it has been deflected twice, creating a nice double top around 137.617.
We expect heavy volumes of sells Below 137.617 and 135.573.
Wait for a breakout below 135.573 which is also the double top's neckline before a safe short down to 133.498.
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