GBP-JPY Local Short! Sell!

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Libra Esterlina/Iene Japonês (FX:GBPJPY)

FX:GBPJPY Libra Esterlina/Iene Japonês

trendanalysis chartpattern waveanalysis gbpjpy pound japaneseyen forex trading sell short supportandresistance parallelchannel

Hello,Traders!
GBP-JPY broke the falling resistance
And I am now bullish on the pair overall
However, the price will soon be retesting a resistance level
While trading in a narrowing rising channel
Thus, IF we see a breakout from the channel
I think a bearish move will follow
To retest the lower demand zones
Sell!
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