A Channel Up has formed, GBP/JPY is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

A potential bearish movement on GBP/JPY
Emerging Channel Up detected on GBP/JPY – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 200.731 and it is expected to move to 200.2494.

Take your trading game to the next level with our comprehensive Autochartist subscription Options

Why Subscribe?

  • Access Exclusive Web Content: Gain unlimited access to our extensive Research Portal, Technical Analysis, Volatility Analysis, Event Impact Analysis, and more!
  • Receive Premium Email Content: Elevate your trading strategy with our comprehensive suite of email reports covering Forex, Crypto, Index, Futures, Stocks, and Correlating Alerts.
  • Utilize MetaTrader Tools: Seamlessly integrate Autochartist Market Scanner, Risk Calculator, and Volatility Analysis directly into your MetaTrader platform.
  • Explore Additional Features: Stay informed on-the-go with the Autochartist Mobile App, receive selected Telegram Alerts, and never miss a market event with our comprehensive calendar.

Upgrade Now and Take Control of Your Trading Journey!

Don’t settle for limited insights. Join our community of successful traders and unlock the full potential of Autochartist.

Click here to select an Autochartist Subscription Option

Got questions? Contact our support team for assistance.