Josphat89

PRICE ACTION BREAKS TREND LINE SUPPORT. BULLISH.

Long
FX:GBPJPY   British Pound / Japanese Yen
2
GBPJPY is moving in two upward channels and has broken trend line resistance at 184.00

I expect further bullishness to the resistance structure and to channel top in extension.

However, if the small channel is broken, prices may move to the lower part of the channel.

Its good to buy at channel line dips.

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