Possible Sell Setup GBPJPY

Hi everyone,

GBPJPY seems to have ended the flat correction after the first down impulse. Now, the pair is trading in the middle of a range and therefore, a retest of the top could happen (actually likely as it is correcting lower degree upward impulse). Nevertheless, the medium term direction is to the downside, with a likely touch around the 139.2 level.

Wish u all nice trades,

PTFX

Pure Trading FX chat room: https://t.me/joinchat/AAAAAE-uyeYeaT_1ik...

Disclaimer
This post does not provide financial advice. It is for educational purposes only :)