FxWirePro: GBP/JPY forms Bearish Anti Shark Pattern, good to sell on rallies

 

• Harmonic Pattern Formed- Bearish Anti Shark Pattern
  
  
• Potential Reversal Zone (PRZ) -189

• GBP/JPY has made a high of 188.80 and declined till 187.59 from that level. Overall trend is bearish as long as resistance 189 holds.
  
  
• On the downside minor support is around 187.35 and break below targets 187/186/185.40.
  
  
• Any break above will take the pair till 190/191.80.

It is good to sell on rallies around 188 with SL around 189 for the TP of 187/186.10