British Pound / Japanese Yen
Short
Updated

GBPJPY HEAD AND SHOULDER FORMATION

73
GBPJPY has formed an amazing h&s pattern with the neckline at the 50% Fibonacci level.

A break below 162.200 should resume the bearish trend with the first target at 157.7, followed by 154.8

Key Levels:

  • 166.3


  • 160.5


  • 157.7


  • 154.8

Trade closed: target reached

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.