 GBPJPY is looking for a breakout from the upper trendline of a symmetrical triangle at 167.10 after a gradual weekly increase from the 164.00 low. On the downside, the 23.6 Fibonacci retracement of the latest upleg is currently reducing selling incentives, with the RSI and the MACD suggesting that traders are in a wait-and-see mode as the indicators remain trendless around ... The post GBPJPY Poised to Breakout from Triangle appeared first on Action Forex... 