The GBP/JPY weekly shows a pattern envelope bullish on the something of the rhythms of FXStreet.
The technical picture shows that the oscillator MACD fluctuates under the line average and record minimum higher, a sign that the bullish momentum is decreasing. This condition could lead to a divergence bullish classic.
Of equal significance in the consequences of a bull is the closure about the pivot point weekly. The failure of trading above this level during the next few days could affect the pattern.