Last week price action on GBP/USD ** GBP/JPY
Price try to make a lower low. But only made a lower high. The black line is where price had to break to become a lower low. So if price only makes a lower high then who in charge, the bulls are and push the price higher. Well if you where watching both these currency pairs last week you are up a good number of pips well done. Yes it the 1 2 3 pattern again this time on a 4 hr char.