SHORT ON GBP/JPY ON 4 HOUR CHART

GBPJPY

*The pair has recently form double top pattern on daily time frame .

*Also just break down trend line on 4 hourly time frame .

*A Target 1 is 163.000 and Target 2 is 161.800.

*On a shorter time frame it has formed head and should pattern.

* Also fibonacci retracement is also on important levels .

This is for educational purpose.