From the internet: GBP/JPY Price Analysis: Weekly W-formation remains in play GBP/JPY bears engaging in a
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From the internet:
GBP/JPY Price Analysis: Weekly W-formation remains in play
● GBP/JPY bears engaging in a phase of distribution.
● Bears to target the neckline of the weekly W-formation.
As per the prior analysis, GBP/JPY Price Analysis: Bears move in following bull rally, weekly W-formation eyed, the price is indeed making progress as per the W-formation. The following illustrates the market structure on a weekly time frame and prospects for a setup on the lower time frames.
Ross J. Burland (11 January 2022), FX Street Is this valuable information? Examine the arguments for and against.
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