*Update* GBPJPY Price Action – Where do we go from here?

Written by Justin Bennett

Trusted by 100k monthly readers

Last Updated May 2, 2014

Forex trader since 2002

Written by Justin Bennett 

Forex trader since 2002

100k monthly readers

Updated May 2, 2014


From yesterday’s post, the GBPJPY continues its march upward. The price action breakout from this wedge looks to be confirmed, however today’s close should tell the whole story.

So where do we go from here? See the weekly chart below to find out why I’ve drawn another price action level at 179.

gbpjpy daily chart

GBPJPY weekly chart…

gbpjpy weekly chart

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Justin Bennett - founder of Daily Price Action

About the author

Justin Bennett started trading in 2002, and let's just say it was a bumpy ride. But in 2010, he had his "aha" moment once he ditched the indicators and focused 100% on price action. Justin has built a following of 100,000+ monthly readers and taught thousands of traders using his simple, no-nonsense approach. He's been highlighted as a top trader by Stocks and Commodities Magazine and regularly featured by Forex Factory next to publications from Bloomberg and CNBC. ...Read More


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