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mngFX

GBPJPY (SELL) OUTLOOK H2

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
mngFX  
OANDA:GBPJPY   British Pound / Japanese Yen
Chart Patterns Double Top or Bottom Parallel Channel GBPJPY gbpjpyshort gbpjpylong
9
2
chartpattern doubletoporbottom parallelchannel gbpjpy gbpjpyshort gbpjpylong
GBPJPY is currently trading within a developing structure which we could see a push down to create another low.

Price has failed to break above 161.200 range multiple times which we should see bearish price action form for a sell opportunity.

Recommend short term selling to 155.6 range.

Thanks
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