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Rayyan_2805

Possible GBPJPY Sell Opportunity

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Rayyan_2805  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators GBPJPY gbpjpyshort gbpjpyanalysis gbpjpyprediction
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trendanalysis chartpattern indicator gbpjpy gbpjpyshort gbpjpyanalysis gbpjpyprediction
Possible gbpjpy sell.

- Higher lows being created as well as lower lows.
- Price moving within a parallel trend line channel.
- Price recently hit resistance zone of parallel trend line as well as horizontal trend line.
- Big buy movement has significantly slowed down.
- Stop loss put in at around 80 pips with a take profit of about 200 pips.

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