Stalking GBPJPY H1 for a short trade

Short

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

Technical Indicators Trend Analysis

indicator trendanalysis

GBPJPY hit upper channel with bearish divergence.

Comment:

Not selling this now. Buyers still look strong. Buyers actually got stronger as it travel down the channel. This could be breakout of the upper channel.

Comment:

Placed a sell stop order at 148.8

Comment:

shorted 149.081

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