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 ...
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 ...
Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...
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, ...