GBP/JPY-Daily analysis

Hello everyone!

-On this pair we can see that price broke through the ascending channel support line(purple lower line) and on lower time frames(4 hours and 1 hour time frame) we can see strong bearish momentum.
-That is because GBP is weakest currency on daily and weekly base and JPY is at very stable level and it is way more stronger than GBP.
-We can expect that price will keep falling in bearish direction because of currency strength and weaknesses.
-I plan to go short until my profit target reaches yellow support line and with minimal 1:3 risk reward ratio,...But that is just my opinion.
-WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section!
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-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.