consolidaiton

FX123333 FX123333 PRO GBPJPY, 60, Short ,
GBPJPY: GBP/JPY: ANALYSIS
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GBPJPY, 60 Short
GBP/JPY: ANALYSIS

You can see that the consolidation shows we are in a bullish behaviour however the descending wedge formation portrays that GBP/JPY has the potential to pattern out and perform a bearish move in order to keep supply and demand flowing. The bearish flag pattern has been identified as this correlates with the potential channel. I believe that the trend will create ...

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