Sunday, September 17, 2017

GBP-JPY Technical Analysis 17 Sep 2017

The GBP-JPY lowest low is past there is only 1 way in the major direction which is to move upwards. This coincide with the initial picture that the GBP-JPY pair going to make the big W formation which is the same as GBP-USD. The correlation chart on the EUR-GBP which is about for form M formation is also another strong indicator the GBP-JPY has no choice but to move upward in the bullish trend. Now the most important question is WHEN?

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