*SIMPLE PRICE ACTION ON GBPJPY

*TWO POSSIBLE MOVEMENTS ON GBPJPY

PRICE HAVING TESTED THE RESISTANCE FOR THE 8TH TIME SHOWING SOME SERIES OF STRONG MOMENTUM WHICH MAY POSSIBLY BE BROKEN AND RALLY UPWARDS AFTER THE RETRACEMENT ON TREND

SECOND POSSIBLE MOVEMENT SHOWING WHERE THERE COULD ME A MOMENT OF CONTRACTION BETWEEN THE RESISTANCE AND THE TREND WHICH PROBABLY MAY BREAK THE TRENDLINE HAVE A LITTLE RETRACEMENT AND BREAKS DOWNWARD
Candlestick AnalysisSupport and ResistanceTrend Analysis

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