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Domsax48

GBPJPY retest of long-term broadening wedge/channel top

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
Domsax48  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis GBPJPY Broadening Wedge Descending Broadening Wedge Descending Channel swingtrading priceaction
10
2
trendanalysis chartpattern beyondta gbpjpy broadeningwedge descendingbroadeningwedge descendingchannel swingtrading priceaction
Theres is a long-term broadening wedge/channel, and we are close to the top. Watch for clear reversal, and this could be a profitable short. Word of caution: GBP pairs are extremely volatile in these weeks, given the BREXIT soap opera. Use wide stoplosses.
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