innoxcroom

GBPJPY breaking uptrend of Monthly and weekly channel

Short
FX:GBPJPY   Livre sterling / Yen japonais
I see the price breaks the uptrend from Monthly and Weekly channel. Probbably is making downtrend looks perfect to come visit back the Monthly support, Fibonachi of 38.20% and previous support before make a push down to weekly fibonachi of 50.00% and nice looking of Daily support and weekly fibonachi of 61.80%. We never know so lets see what the price will do.. High impact news are on Monday, Thursday and Wensday for GBP. Its around 300 pip range to daily support. Maybe the price can meet Monthly support 140.500

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