Get started
traderpulse

GBP/JPY Price action analysis

Short
British Pound / Japanese Yen (FX:GBPJPY)  
traderpulse  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns priceaction
0
0
trendanalysis harmonicpatterns priceaction
The 4-hour chart of GBP/JPY has formed a double top pattern.
Now the pair is in a corrective rally and it may extend upto resistance zone of 146.098.
But the pair can witness selling pressure even before reaching the resistance zone.
There is also major news event today,so expect high volatility in the counter.
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.