GBPJPY: The Wedge Pattern Is Pushing The Price Down

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GBPJPY: The Wedge Pattern Is Pushing The Price Down

From Today's analysis GBPJPY completed a bearish wedge pattern indicating further decline as I explained in the video today.

It is a risky trade but the pattern looks completed and probably all the JPY pairs can make a deeper bearish move before they show something else.

You can find all details on the chart!
Thank you!
Сделка закрыта: достигнута тейк-профит цена
GBPJPY - Target 1 reached :)
снимок
Chart PatternsTrend AnalysisWave Analysis

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