GBPJPY has formed lower highs and slightly lower lows to consolidate inside a falling wedge pattern. Price is closing in on the peak of the...
The post GBPJPY Falling Wedge Breakout Due? app… Read More
Important: This site uses New York Close Forex Charts so that each 24-hour session starts and ends at 5 pm EST. These charts are essential for trading price action. GBPJPY has… Read More
On February 5th, I wrote about a potential 500-pip buying opportunity on GBPJPY.
The pair was coming out of a broadening wedge from the 2018 highs and looked determined to reach the 155.00 r… Read More
On February 5th, I wrote about a GBPJPY bullish breakout.
The pair was breaking out from a multi-year trend line that hinted at a move toward 148.00, followed by the 150.00 region.
As you ca… Read More
Important: This site uses New York Close Forex Charts so that each 24-hour session starts and ends at 5 pm EST. These charts are essential for trading price action. On May 8th… Read More
If you weren’t a believer in this GBPJPY 4-hour wedge pattern last week or even this past Wednesday, you probably are now. The past 48 hours has produced yet another retest o… Read More
GBP/JPY 4 Hour Price Update
Updated July 07, 2020 12:58 AM GMT (08:58 PM EST)
GBP/JPY entered the current 4 hour candle at 134.11, down 2 pips (0.01%) from the last 4 hour candle. Relative… Read More
GBP/JPY Price Recap
GBP/JPY enters today at 143.212 in US dollars, down 85 pips (0.59%) from the day prior. The price move occurred on volume — and we’re using the number of tic… Read More
A few hours ago I mentioned how the GBPJPY was teetering on the edge of a broadening wedge pattern that began shortly after the U.S. elections. It appears that level has now broken down. Its… Read More