GBP/JPY Daily Analysis

173
Price has rejected the ascending trend line 3 times (September 2024, December 2024 and now January 2025).

We could be seeing a triangle pattern in play when looking at the lower highs.

Look for potential long signals if they meet your strategy rules.

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.