GBPJPY Daily Analysis for the week 10/18/20 - 10/23/20

According to my analysis GBPJPY is currently in a down trend and it may continue to sell towards the pink trendline for a break and re-test. Shortly after that process, It may retrace upward to form W formation, which might create a higher-higher and change the trend to up trend. Please feel free to leave a like and comment on my analysis. Please don't forget to share and give feedback for improvements.