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Mihai_Iacob

GbpJpy- New leg down is probable

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Libra Esterlina/Iene Japonês (OANDA:GBPJPY)  
Mihai_Iacob  
OANDA:GBPJPY   Libra Esterlina/Iene Japonês
Trend Analysis Chart Patterns Technical Indicators GBPJPY gbpjpyshort gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpysell gbpjpysignal gbpjpyidea
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trendanalysis chartpattern indicator gbpjpy gbpjpyshort gbpjpyanalysis gbpjpyprediction gbpjpyforecast gbpjpysell gbpjpysignal gbpjpyidea
After reaching a high of 157.50, GbpJpy dropped pretty fast to 153 zone.
Now the pair is in recovery and, considering the flag formation from the recent bottom, continuation to the downside is probable.
155.50 is resistance and a good place to search for selling opportunities
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