Here you can see GBPJPY is testing both trend lines creating a wedge and testing 147.100. Once these trend lines have been broken it will determine what the next move will be. I am predicting that it will test the highs of 148.500 once again and then possibly come back down to the liquidity zones of 146.000.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.