GBP/JPY Awaiting Triangle Breakout for Direction

Triangle: The 4H GBP/JPY chart is showing a pair in triangle consolidation since it climbed above 142 but held below 145.85. The moving averages reflect consolidation mode as they whip up and down with price around a flat 200-4H SMA. The RSI is stuck between 40 and 60, reflecting consolidation…

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GBP/JPY Awaiting Triangle Breakout for Direction

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