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salsapete

GBPJPY top of channel Short

Short
British Pound / Japanese Yen (FX:GBPJPY)  
salsapete  
FX:GBPJPY   British Pound / Japanese Yen
Chart Patterns Technical Indicators
5
0
chartpattern indicator
Pound is at the top of a long standing channel, with price in the overbought zone and divergent to momentum.

Considering this as a potential reversal zone, not only to the longer term means , but also towards channel support.

The short idea is on chart ....
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