FX:GBPJPY   British Pound / Japanese Yen
Having observed the UK's climb with Japan over the past week, the dramatic climb has hit my indicators, signifying a soon to be reversal. From the analysis, you can see the momentum of the market is pushing the pairs high, nonetheless, the ever so amazing elastic band theory enables us to clearly see a potential fall.

If you have any pointers on how I can improve my analysis, I am all for critical feedback.

Related Ideas

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.