Well defined Pennant forms during period of consolidation. Brexit jitters halt sterling rally. Dovish BoJ pressures Yen. A pennant pattern has formed on the GBP/JPY daily chart. A well defined ...
GBP/JPY retreats after hitting 196.39, forming bearish engulfing candle suggesting downside risk. Break below 194.22 could open path toward 193.31 Tenkan-sen and 200-day SMA at 192.32. Bulls need to ...
New to trading FX? We created this guide just for you. The longer-term view of GBP/JPY is that the trend is higher in a bullish zigzag. We appear to be more than halfway through the zigzag as we are ...
Even in South Africa, GBP/JPY is a common choice among active traders, largely because of its strong price movements and liquidity. Yes, there are other, perhaps safer options like gold and USD/ZAR, ...
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