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GBP/JPY to Test a Short-term Consolidation Pattern Support ahead of BoJ
Stocks, Unit trusts, Wealth Management and Forex markets
26-04-2012, 08:50 PM
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The one
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Join Date: May 2000
Location: UK
Posts: 98,186
Potenza rep: 10
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GBP/JPY to Test a Short-term Consolidation Pattern Support ahead of BoJ
The 1H GBP/JPY chart shows the market trading in a sideways manner. It could be a symmetrical triangle, but the market broke through the declining resistance and hit the 131.80 high, making it a possible ascending triangle as well. Whatever the resistance, the support seems to be clearly in the 
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