GBPJPY: Trapped In A Falling Channel

Forex Trading GBPJPY Trapped In A Falling ChannelGBPJPY: Trapped In A Falling Channel.GBPJPY: The cross has been trapped in a falling channel since 2009 and with its present price action, it continues to face downside pressure within that channel. This suggests that with a negative close put in the past week, a follow-through lower looks to target the 127.62 level, Sept 14’10 low with a