The fall of the GBP/JPY was offset by a surround bullish

The GBP/JPY weekly shows a pattern envelope bullish on the something of the rhythms of FXStreet.

The technical picture shows that the oscillator MACD fluctuates under the line average and record minimum higher, a sign that the bullish momentum is decreasing. This condition could lead to a divergence bullish classic.

Of equal significance in the consequences of a bull is the closure about the pivot point weekly. The failure of trading above this level during the next few days could affect the pattern.

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