Ghost

GBPJPY short opportunity

Short
FX:GBPJPY   British Pound / Japanese Yen
The pair looks to be currently stuck in a bearish channel and closed on Friday below a weekly support level. the stochastic shows that the price will possibly in the immediate future look to test the broken support where it will encounter the upper limit of the channel creating a possible short opportunity,

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.