GBPJPY Bearish ModelGBP/JPYOANDA:GBPJPYTheTradingRegimenIf you take a look at GJ on the larger TF, you can see that the new established trend is pretty clear. Price has presented now I second impulse to the downside after a much expected correction. We stayed patient and waited for the next impulse which played out last week. As you can see, it paid off BIG TIME! Now, I expect price to make a correction towards our "golden zone" before continuing to the downside. Stops will be placed right above the 61.8 fib level.