071620 GBPJPY Neutral

[Daily]
Price has been forming a Pennant so there's a possible burst in momentum. This means that I will be looking closely for a possible entry to the bias side.

Otherwise on [4H] Price has been forming a
bullish wedge. Price has also been travelling towards the support area as marked and drawn out. I will be looking to place a long position once the price is clearer.
GBPJPYTrend Analysis

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