MassimoChiampo
Short

GBP/JPY POST BREXIT BEARISH MOVE

FX:GBPJPY   British Pound / Japanese Yen
48 1 1
ON DAILY CHART THE MARKET SEEMS TO BE WANTING TO REACH FURTHER DOWN TO NEXT EXTENSION ATABOUT 1,2740.
ON THE DOWNTREND CHANNEL MARKET IS AT A SELL HIGH POIN, SO WE SHOULD LOOK TO SELL AT BREAK OF UPWARD TREND LINE TO THE TARGET.
WHAT DO YOU THINK???
THE TREND LINE WAS NOT BROKEN. ON THE CONTRARY THE DONWTREND LINE WAS BROKEN AND MARKET SEEMS TO BE GOING UP. IS THE DOWNTREND OVER?
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