GBPJPY was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 181.80 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
beyondtechnicalanalysischannelbreakoutstrategyChart PatternsDescending ChannelGBPJPYgbpjpylongTechnical IndicatorsJTSretest-structuresupportTrend Analysis

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