GBPJPY remain in channel since elections for now. careful LONG

OANDA:GBPJPY   British Pound / Japanese Yen
17 0 0
Bids in gold             , and cont'ed selling in oil             this early asia session form some risk-off sentiment, but JPN225             is @ 62R support. Considering that the pound yen is yet within channel since US election & confluences @ 62R, 38R, 127Ex are observed on the downside, this ST-trend is likely a squeeze, and should reverse for some downside in yen. Long from here. Hedging @62R from Friday high on upside. SL below 23 Nov 62R
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