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GBP/JPY- Consolidation Finished?
British Pound / Japanese Yen
Short
GBP/JPY- Consolidation Finished?
By Jackthelad26
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Updated
Sep 2, 2022
0
Sep 1, 2022
1 month consolidating triangle looks like its ending. 3rd touch of lower trend line
Zooming out , price has made 4 peaks since April, unable to go higher.
Price below 20/50 MA and aiming down
TP - May lows 155
Sep 2, 2022
Trade closed manually
I was anticipating a break down from the lower trend line. Price bounced
Chart Patterns
GBP
GBPJPY
jpy
Trend Analysis
Jackthelad26
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