GBPJPY; CONTINUATION TO THE LOWER?

HELLO TRADERS

for the past weeks yen index JXY has been extremely bearish

but for the past few days we have seen a change in trend

to the upside which implies bearish move for GBPJPY



now back to GBPJPY
gbpjpy has been on a strong move lower managed
to break a strong resistance @ 161.99

moved lower for over 200 pips and retested it
we expect a continuation lower from here

BREAK ABOVE 162.5 WILL MAKE THIS IDEA INVALID

GOOD LUCK TRADERS
IF YOU FIND VALUE IN THIS IDEA GIVE IT A LIKE