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toopascal35
About me I am an IT Specialist with an interest in the world of Equities and Forex. My interests include a fundamental background in Stock and Forex Trading as an author and an Analyst.
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PRICE SET TO BREAK FROM HORIZONTAL TRENDLINE
GBPJPY
, 240
GBPJPY: PRICE SET TO BREAK FROM HORIZONTAL TRENDLINE

From a technical perspective, using a four hours chart price rebounded modestly from the lower horizontal trendline of a bearish wedge pattern formation extending from 19th May. A strong follow-through buying will be met by an immediate hurdle at the 161.00 round level which will act as a barricade against the pair. A subsequent move beyond the round level would...

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