GBP/JPY Growing Restless in a Triangle Consolidation; BoE Meeting Coming up

Consolidation, bearish bias: After retreating from the 156.76 high to the 151.76 low, GBP/JPY has been in a triangle consolidating. The RSI is stuck between 40 and 60, which shows consolidation momentum. The fact that the previous swing was bearish, the RSI tagged 30, and price is trading under the…

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GBP/JPY Growing Restless in a Triangle Consolidation; BoE Meeting Coming up