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Mihai_Iacob

GbpJpy next leg up?

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
Mihai_Iacob  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
After a strong rise of 1000 pips in just a few days, GbpJpy is consolidating forming a pennant. We believe that a next leg up is coming next week towards 145. A break and a daily close under 139 would negate our scenario and would expose 136 support.
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GbpJpy- break of consolidation?
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