The triangle is acting wimpy
January 8, 2008 by matkinson

Just an update, the thing is being a royal pain in the butt, showing a lot of strength for day now and at resistance. If it keeps this up it’ll break resistance soon, thereupon to likely test former support on the daily chart as resistance. I maintain, as I have for many months, that it is destined lower – if not now, then later.
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Posted in British pound, Japanese yen, Price patterns | Tagged descending triangle, forex, gbp, gbp/jpy, jpy, pound, price pattern, yen | 1 Comment
I also noticed this with my recent investments. I have having a hard time understanding why its keeping like that