FX.co ★ GBP/JPY broke below ascending trendline support. What next?

Trading Recommendation

Entry: 130.689

Reason for Entry: 78.6% Fibonacci Extension, Graphical swing low

Take Profit : 136.945

Reason for Take Profit: 38.2% Fibonacci Retracement

Stop Loss: 126.553

Reason for Stop loss: Horizontal swing low