Firstly GBP/JPY Pin bar on daily chart.

This Pin bar which has formed after an inside bar on the daily chart shows rejection of lower prices after a period of indecision. If price was to move above the top of this Pin bar then it could move up to the next key resistance band in the 187 – 189 region. Also note that this bullish pin bar is in line with the weekly uptrend.

See daily chart below:

Another interesting chart is the CAD/CHF weekly.

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See CAD/CHF daily chart below:

As always, make your own trading decisions and best of luck!

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