SELL- POTENTIAL SHORT ON GBPJPY - BREAK OF CHANNEL AND RETEST

It appears GBPJPY has failed to break the previous high presented on the chart. And given the recent break of the ascending channel, it seems there is a good sell opportunity. Further confirming this sell bias, there has been a retest of the channel pattern with a clear rejection, giving the opportunity to enter a great R:R trade.

*NOT FINANCIAL ADVICE, MERELY AN OPINION*