GBPJPY. Awaiting a breakdown

The GBPJPY pair is in an acending wedge which can break at any moment. I´m monitoring the pair to confirm the breakdown.

Also, the BOE statement and their decision on rates can abort the trade if the Pounds Sterling goes up. I believe, the situation will be resolved by tomorrow.

Yorum:

Broke before BOE. I´d wait until the statement on rates and policy is issued and, if everything goes well, jump in afterwards

Emir iptal:

Trade didn´t started but the pair may still go down. Keep an eye on it over next days