Whalay

Expectation for GBPJPY

Short
FX:GBPJPY   British Pound / Japanese Yen
Remember support was already broken at 132.60 area. The pair is in correctional phase for the bears to keep their stance. Expecting the next impulsive push downwards to complete the present sell off to previos support at 131.00 area. With important fundamental datas coming out tomorrow and Friday (see link below), no positive numbers are expected from manufacturing and services sectors due to the current lockdown. With price action being my best friend, I am staying bearish but consider your analysis first.




For Manufacturing and Services PMI's --- www.forexfactory.com/

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