GBP/JPY Short Idea 28/05/2017

FX:GBPJPY   British Pound / Japanese Yen
Major chance of Downward Gap Tasuki pattern.
Would make sense to respect target of 3rd touch of TL. (blue ellipse)
Closed for weekly just shy of 50% Fib. Last 2 candles were doji .

Ma looks to be crossing on Daily period .

Target for downside of 140.000

This is not unlikely due to the close of last week. With the general election in 2 weeks and the recent terror threats in the U.K. the sterling has not been great however saying that the yen has shown major weakness last week.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter