OANDA:GBPJPY   British Pound / Japanese Yen
Prime rising wedge formation. Pair has rejected the recent high multiple times and is extremely over-bought. Rising covid cases and deaths. Government looking at stricter restrictions. Also upcoming data coming for GBP will drive this pair back down to 50-100 MA area on the daily timeframe.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.