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Tuesday, February 14, 2023

Technical: GBP/JPY Price Analysis: Bullish flag dominates until break of structure

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Alert Alert Feb 15, 2023, 3:40am
 
Technical: GBP/JPY Price Analysis: Bullish flag dominates until break of structure
As per the prior analysis on the Yen, USD/JPY Price Analysis: Bullish fundamentals meet a technically bullish chart bias, the Japanese currency has indeed weakened and that is playing out through the crosses such as GBP/JPY. {charts} As seen, the Yen fell and USD/JPY is now above an old resistance. However, the W-formation is a reversion pattern sp this ...
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