GbpJpy - Bear Flag

٥ نوفمبر ٢٠١٧

Last week price sold off after Bank of England data forming the start of a potential Bear Flag and as a result we look for further declines this week. A deeper correction and re-test of broken support becoming resistance at 150.071 will provide a great place to look for Bearish patterns for shorts down towards the targets of 148.473 and 147.788 respectively.