Emerging Rising Wedge detected on GBPJPY – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 199.2455 and it is expected to move to 200.4517.
GBPJPY is signaling a possible trend reversal on the intraday charts with price not breaching support.
