theTAguy

GBPJPY going to break its upward trend channel

OANDA:GBPJPY   Livre sterling / Yen japonais
GBPJPY has been on an upward trend channel for quite long time. It has approached a major resistance level now and has completely formed a head and shoulders at the resistance. It may fall a little, but the trend is still bullish. Let's see if the bullish run will end or not.

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