Thu, 27 Apr 2017 08:09:38 GMT
GBP/JPY 1H Chart: Rising Wedge
A steep rally followed the second test of 135.64 that was launched April 17, but has now lost some of the momentum and sketched a rising wedge on the hourly chart. GBP/JPY has just tapped at the upper trend-line of the pattern and should, in theory now move on to the bottom bound near 142.58, however, it seems to be