glak

Blowing in the breeze

FX:GBPJPY   British Pound / Japanese Yen
Pennant forming on the 12 hourly chart.
Price could break either way.
Smaller time frames are showing no clear direction as yet. I will continue to monitor these in conjunction with the break of the triangle.
G pairs are also expecting lots of relevant news which can pull price in either direction quickly.
This is a watch and wait.
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