Sunday, April 14, 2013

GBPJPY Price Action: The Week Ahead, 14/04/2013-19/04/2013

GBPJPY pulled back extensively withing the week after an initial continuation of the more dominant bullish trend forming a counter Trend Pin Bar. Price may attempt to reach the Support seen at about  146.00 From where the more dominant bullish Trend could resume pending price Action.


The Daily Chart seems to also support the expected Rotation back into Support with the formation of the Pivot Top Price Action Setup. 

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