GBP/JPY - Very interesting situation occurred here. Price form | Forex.Doc by San Shone
GBP/JPY - Very interesting situation occurred here. Price formed head and shoulders and then retested the neckline with double top pattern. Price went down and it looks very bearish at the moment. *Hourly indicators and moving averages are giving us sell signal. Keep on mind that these indicators and moving averages don't predict future moves and many times can give wrong signal.