The couple GBP/JPY, the volatile and productive mas of the Market this Forex marking from the day of yesterday new annual maximums and reaching levels of price that it was not registering from May, 2010.
After the precipice that all the Currencies had opposite to the Yen (and the Swiss Franc) last March 16, the Pound Sterling, at the end of Trading's session of New York of April 5 has raised 1,600 pips (from 122.16 to 138.16), which represents a usefulness(utility) of 13 % in a period of 21 days.
Nevertheless, analyzing the following graph elaborated with Japanese weekly Candles, and using the indicator Stochastic, we observe a Bearish Divergence (yellow lines). This is, the price does new maximums but the Indicator does not register new maximums.
The previous thing allows to predict an imminent adjustment to the fall of the Pound with regard to the Yen, though we must not lose of sight the advertisement of his Rate of Interest that will give the Bank of England next Thursday, information that was marking the trend that follows the Pound Sterling in all his pairs.
