British Pound / Japanese Yen
Long
Updated

GBPJPY - Falling Wedge Into Previous Structure Support

2 634
The GBPJPY has created a falling wedge pattern that is making it's way back down into a level of previous structure support. This will be an interesting decision point for the market to see how it reacts at the 1.44 psychological level.

Akil
Note
We have our break below, close below forming, shifting support to potential resistance

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.