GBPJPY consolidates between trend lines. Can the buyers make a push?
Trades near highs.The GBPJPY is higher and tests a topside trendline from a consolidation range. Earlier in the session, the price tested the lower trendline of what is a bull pennant formation.
Buyers are making a play off the lower trend line on the hourly and the swing high off the weekly chart, but they have to get to the open road ahead above the highs from last week.