GBP/JPY Potential weaker bounce up.

FX:GBPJPY   British Pound / Japanese Yen
49 0 1
This upward channel recently broke out of an downward channel . I strongly expect the pair to continue moving downwards, we can see evidence of weak upward force since the last bounce off the bottom of the channel was not strong enough to touch the top of the channel. 1.63:1 risk:reward ratio is pretty good.
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