GBP/JPY 4H time frame chart

Market news

8 November 2017

GBP/JPY 4H time frame chart

GBP/JPY on 4 hours time frame chart we can see that the price is in a critical zone.

The price at moment is close to a support line that might be relevent as soon as it is broken.

Besides the support level, we also have the possibilit to confirm a chart pattern (Head and Shoulders) which it reinforces the idea of a possible bearish movement against yen.

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