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

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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*

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