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revelationtrading

GbpJpy Definitely not for the faint hearted.

British Pound / Japanese Yen (FX:GBPJPY)  
revelationtrading  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Beyond Technical Analysis Chart Patterns breakout ranging consolidation Currencies gbpyen GBPUSD dollarindex brexit
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trendanalysis beyondta chartpattern breakout ranging consolidation currencies gbpyen gbpusd dollarindex brexit
The gbpyen has been consolidating for 3 weeks between 146.90 and 149.80 for 3 weeks.
At the moment, this looks like an upmove consolidation of 360 pips so is this an upmove pop with a possible target of 153.40 and 156 in the making?
Guess this is why it is called the "BEAST". Definitely not for the fainthearted. ahhaha
But directionally, this is Revelation Trading's bias as of now. No high is too high and no low is ever too low. As usual trade with our eyes open.
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