GBPJPY Ascending Flag - Bearish Relief

1 בנוב׳ 2017

Looking a the GBPJPY as we approach previous structure resistance, RSI has gone massively overbought and as market puts in this ascending flag or rising wedge, there is a sign that we are running out of steam as we see the bearish divergence on the RSI.
Its likely that we will see a short relief move to the downside.

See you in the live room.

Jason G