GBPJPY rising wedge (potential bearish reversal)
GBPJPY has been in a short-term rising wedge for the past 3 hours. With current breakout we could see a bearish reversal on the 5M and 15M charts.
Note
There is also bearish divergence as you can see on RSI.
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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.