GBPJPY - Quadruple top Analysis - Key level

Possible swing of this pair to the down side after getting rejected at 162.5± level. If it breaks the red resistance line we might be looking for the beginning of a larger long term move downward as we approach Brexit vote. Watch out for the blue and black resistance lines.

Safe and successful trading!

Kommentera:

Next level of resistance to watch out for is the blue line, we might see a little retrace earlier however! Cheers

Kommentera:

TP1 hit, now careful for this resistance level - Might see little retrace before break or might see a bounce. Like before, sell the break