GBP/JPY forms Equal Highs and Higher Lows ( Ascending Triangle Pattern )

1 mins well spent

GBP/JPY Analysis : 

From December 2016 to till now, GBP/JPY fails to Breakout the Major price level 148.00

Market try to breakout the top level 3 times, but it still fails.

GBP/JPY forms an Ascending Triangle by creating Equal Highs and Higher Lows in Daily chart.

Market going to end this Ascending Triangle very soon.

Let’s wait for the market to breakout from this Ascending triangle range to catch good profits on this pair.

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