GBPJPY has been trending upward (BULLISH) for a while, But presently got rejected on a significant high and psychological key level of 168.000, The daily candlestick ended with a big bearish candle.
Is this the beginning of a Bearish Reversal for GBPJPY ????
We don't PREDICT
We REACT
WATCH OUT
1. A possible break below current support around 165.000
2. A retest of structure around 166.600 broken support
3. Candlestick confirmations
4. Fibonacci as illustrated in the video above
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