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UnknownUnicorn2396129

GBPJPY CHANNEL BREAKOUT

Short
British Pound / Japanese Yen (FX:GBPJPY)  
UnknownUnicorn2396129 Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Parallel Channel GBPJPY gbpjpyshort gbpjpyanalysis gbpjpylong gbpjpy_outlook gbpjpyprediction gbpjpydaily gbpjpyforecast gbpjpybuy
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trendanalysis chartpattern parallelchannel gbpjpy gbpjpyshort gbpjpyanalysis gbpjpylong gbpjpy_outlook gbpjpyprediction gbpjpydaily gbpjpyforecast gbpjpybuy
GBPJPY has been travelling in an descending channel, it had a little fake breakout , but price came back into the channel, retested the inside and has started travelling down.

Price formed an ascending channel on its way up , however it has now broken out to the downside and has come back to retest it , giving us another indication that we should sell.
Comment:
HIT SL
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