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British Pound / Japanese Yen
Short

SELL - POTENTIAL BREAKOUT OF ASCENDING CHANNEL ON GBPJPY

By Trader856
As we can see, GBPJPY has been bullish for the past week. However, it is apparent price has been following the ascending channel presented, here. Assuming price continues to respect this channel then it would appear to be a very good R:R trade even if the channel was not broken as the chart shows.

*NOT FINANCIAL ADVICE, MERELY AN OPINION*
Ascending ChannelbreakouttradingchartanalysisChart PatternsTechnical IndicatorsTrend AnalysisTrend Line Break

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