GBP/JPY, nice short possibility

773
The price has formed a descending triangle and is now testing the lower boundary of it and attempting to break it. We will be waiting for a re-test before going short and aiming for the zone drawn on the graph.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.