GBPJPY FALLING WEDGE ON H4 Long

British Pound/Japanese YenFXCM

Description

⋅ May 8, 2016 11:13 AM

GBP JPY pair is in a falling wedge pattern so buying could be a very good option after breakout. Also MACD divergence supports it but keep in mind that it might consolidate a few more days so wait for price action to show the way.