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mngFX

Looking like a SELL, price action bearish

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
mngFX  
OANDA:GBPJPY   British Pound / Japanese Yen
Chart Patterns Double Top or Bottom Parallel Channel gbpjpyshort gbpjpylong GBPJPY gbpjpyanalysis gbpjpysell
3
0
chartpattern doubletoporbottom parallelchannel gbpjpyshort gbpjpylong gbpjpy gbpjpyanalysis gbpjpysell
Hi Traders,

Price action is still looking bearish on GBPJPY as we had a double top at the top of a channel pushing the price impulsively down with a breakout following by another correction. Wait for confirmation before getting caught further into this current consolidation.

Good Luck!

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