Consolidation on GbpJpy

Posted on Wednesday, April 21st, 2010 at 3:49 pm.

Dr. Blythe here,

In the last Chart Therapy session we talked about watching for the consolidation breakout on the Pound Yen Forex currency pair. I have a breakout box setup and i will give you those levels. The top of the consolidation is 144.82 and the bottom is 139.20. These are great for big pips guys. If it breaks up there should be some really big moves to watch for. Happy Trading