GBPJPY 163 pips Short Idea

FX:GBPJPY   British Pound / Japanese Yen
Great opportunity to short the GBPJPY , bearish daily candles are starting to appear on the chart. Our signal to sell is this breakout of a pennant to the downside and the rejection from the trend line on the daily chart .
The upside seems to be capped with a dogi daily candle on the daily chart just under the trend line . We expect heavy selling pressure due to continuous pessimism about the UK - EU trade deals.

Good luck and trade safe.
Comment: Daily chart.
Entry point idea


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