GBPJPY is moving in an ascending channel.
The chart has reached the resistance level.
The pair has reached the maximum since 2008, and the chart is barely reacting to the news that the Central Bank of England will probably not cut the rate this year.
The volatility of the price movement has decreased.
We expect a correction in the channel.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The chart has reached the resistance level.
The pair has reached the maximum since 2008, and the chart is barely reacting to the news that the Central Bank of England will probably not cut the rate this year.
The volatility of the price movement has decreased.
We expect a correction in the channel.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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