Technical Analysis : GBP/JPY 13 August 2019

13 August 2019 Analysis (Forex, Currency Pair, CFDs, Crypto, etc.)AutochartistCurrency PairGBP/JPY

Forex Technical Analysis : GBPJPY (13 August 2019)

Forex Technical Analysis : GBPJPY

Target Level 128.6875

Support Line (A) : 126.5550 – Last TP of Falling Wedge

Resistant Line (B) : 128.6875 – Last TP of Falling Wedge

Target Period : 2 days

Interval : 4 hours

Pattern : Falling Wedge

Length : 47 Candles

Identified : 13-August-19

Detail : Falling Wedge identified at 13-Aug-00:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 128.6875 within the next 2 days. (Supported by RSI below 40)

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