The movement of GBPJPY towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
GBPJPY formed a Falling Wedge on the 4 hour chart. Retest of support in sight.
