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GBPJPY: Bearish Crab with Bearish Divergence Re-Entry

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Paun British / Yen Jepun (OANDA:GBPJPY)  
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OANDA:GBPJPY   Paun British / Yen Jepun
Trend Analysis Technical Indicators Harmonic Patterns GBP jpy USD Bearish Crab
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trendanalysis indicator harmonicpatterns gbp jpy usd bearishcrab
GBPJPY sits a bit above the PCZ but still shows signs of weakness and has now broken below the faster moving EMAs, if things go as expected, it will start to get pulled back below the 1.618 and begin the greater move down from there as the Japanese Yen does better against the US Dollar than most other pairs.

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