GBPJPY reached edge of daily trendline
The pair has reached the upper trendline where we could see a bounce to give place to a new bearish wave. The pair couldn't go higher than this area for the past year and the candlesticks are already showing rejections to the mentioned area, will go short once the daily Stochastics cross eachother.
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.