GBP/JPY Technical analysis

FX:GBPJPY   British Pound / Japanese Yen
The GBP/JPY pair is currently in a rising wedge formation.
Moreover it has been formed after a steep up rally.
Hence we expect the pair to retract on breaking the supportive trendline .


is the trade still valid here?
@ian_abe, Yes It is moving as expected....!
ian_abe traderpulse
@traderpulse, great thank you .. thaught the short up run invalidated the idea
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