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KaisMarket

GBPJPY

Long
British Pound / Japanese Yen (FX:GBPJPY)  
KaisMarket  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis GBPJPY Forex GBP pattern jpy GDP
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trendanalysis chartpattern fundamental gbpjpy forex gbp pattern jpy gdp
Pattern: Inverted head & Shoulders

Confirmation: downtrend / yes. Reversal / yes. left shoulder right shoulder similar pull down / yes. Head of the dip lowest point / yes

Fundamentals : 12th AUG we have important GBP news. GDP reports come out and will have a big impact on the price strength of the £. A good report could possibly see this pair rocket up.
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