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UnknownUnicorn8156452
Oct 11, 2020 9:49 PM

GBPJPY - Short Short

GBP/JPYOANDA

Description

On it's way to testing the top of the ascending channel, what could happen next?

a) Breaks through 138.000 and goes to test 138.277
b) Reverses, comes down to test the bottom of the ascending channel before breaking through and becoming bearish

Fundamental analysis tells us that GBP is going to weaken due to brexit negotiations AND the UK heading back into a 2nd lock down which will damage the economy once again. THINK SHORT!
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