Wednesday, December 27, 2017

Bullish GBP/JPY forms “Flag (Bullish)” pattern 03:11:17 GMT

Opportunity recognized Dec 28, 2017 for the period of up to 48 hours
-0.004 (04 pips) price change since the Technical Event at 151.804
We found a pattern called Flag (Bullish) on 2017 Dec 28 at 01:00 GMT on a 1 hour chart, providing a target price for up to 48 hours in the range of 152.600 to 152.800.

The faster moving average crossed above the slower moving average on 2017 Dec 27 at 11:00 GMT, signaling a new uptrend has been established.


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