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Hello, Friends!

GBP/JPY is making a bullish rebound on the 5H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 182.665 level.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
Bearish PatternsChart PatternsforecastForexGBPJPYSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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