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UnknownUnicorn402209
Aug 5, 2016 7:13 AM

Box formation on GBPJPY 

FX:GBPJPY240
British Pound/Japanese YenFXCM

Description

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GBPJPY price stalled at support area and formed the formation I call "The Box". Usually, it foregoes a bigger move, so when the price exits this yellow rectangle, we may see it going fast towards next support or resistance area.
GBPjpybritishpoundjapaneseyenpriceactionpriceactionGBPJPY
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