GBPJPY Showing Strong Signs Of Weakness

Last post: May 20th 2019. See chart.

Review: Price had been heading down fast after breaking down through the daily 200 simple moving average.

Update: Price is continuing to trend down nicely.

Conclusion: If the downtrend continues then we should see price come down to reach the major support level.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

Sublime Trading