TradingView
FXHEET
Apr 21, 2021 4:51 PM

GBPJPY Squeeze Incoming 

British Pound/Japanese YenFXCM

Description

Interesting to see GJ creating a symmetrical triangle like this.
It could go either way but my guess is that it's going to drop to the recent lows. but if it goes up, my guess it will retest the trendline at one point or another before doing so and continuing to the recent highs or even creating new highs.

Let me know your thoughts.

Trade Safe!
HEET
More