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DeGRAM | GBPJPY correction in the ascending channel

Panjang
Paun British / Yen Jepun (OANDA:GBPJPY)  
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OANDA:GBPJPY   Paun British / Yen Jepun
Trend Analysis Chart Patterns Support and Resistance gbpjpyanalysis gbpjpysignal
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trendanalysis chartpattern supportandresistance gbpjpyanalysis gbpjpysignal
GBPJPY is moving in an ascending channel.

The chart reacted to the last 3 touches of the support level with an immediate rebound.

The support level is between 50% and 62% retracement levels.

We expect a rebound after a retest of the lower boundary of the channel.


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