GBP/USD, AUD/USD, USD/JPY – Charts for Next Week & More

From dailyfx.com Watch this video at https://www.forexfactory.com/news/978049-gbpusd-audusd-usdjpy-charts-for-next-week.

GBP/USD bounced off support yesterday just prior to the BoE, and drove further higher in the wake of the meeting. The rally doesn’t mean much so far, though, as price remains well contained within a developing wedge that is seen as leading a meaningful move soon. A break above 13173 could get the upside going, while a break below 12954 may perhaps be even more meaningful given how much support between there and the 13000-line we have seen this month. For now, patiently waiting for its cue. AUD/USDhas been tanking quite hard, and at the time of this writing it is ...