Hello Traders,
Let’s hit the charts…
1. GBP/JPY
On the weekly chart of the GBP/JPY, price closed after breaking out of a key resistance level (143.441), of a descending channel.
This week we can see a beautiful pennant formed on the hourly chart. A bullish breakout of 146.397 MAY further send price on another bullish run to resistance level 147.893.
What do you think?
Alright ladies and gents, we are done for the day, lend us your eyes again tomorrow for another analysis.
all Gbp pairs seems for re-visit the price before they jumped sharply last week
True,
Nice Observation Kadek