Technical Analysis : GBP/JPY 28 August 2019

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

Forex Technical Analysis : GBPJPY (28 August 2019)

Forex Technical Analysis : GBPJPY

Target Level 130.3875

Support Line (A) : 129.8700 – Last TP of Rising Wedge

Resistant Line (B) : 130.3875 – Last TP of Rising Wedge

Target Period : 13 hours

Interval : 1 hour

Pattern : Rising Wedge

Length : 41 Candles

Identified : 28-August-19

Detail : Rising Wedge identified at 28-Aug-13:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 130.3875 within the next 13 hours. (Supported by Upward sloping Moving Average)

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