GBP/JPY: 'Flag' pattern

GBP/JPY: 'Flag' pattern

Information is not investment advice

There's a confirmed 'Double Top' pattern, which pushed the market lower. Also, it seems like we're going to have a 'Flag' pattern soon. In this case, we should keep an eye on the closest support at 145.48 as the next target. If we have a pullback from this level little later on, there'll be an open door for another bullish price movement towards the previously tested resistance at 147.00 - 147.18.

17-4-2019-GBP-JPY-H4.png

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