After pushing down to 155 area last Friday, GBPJPY is ready for a more decisive uptick in May for GBJPY toward 162-163 area. As said before, the year 2016 is mainly down trend toward 140, but this month of May is an uptick month trade. Early reasonable buy is from current buy 155 - 154. Best Buy is from 153 . I am Absolutely certain about this Buy area to win...
Yearly chart still indicate downtick that will in effect continue to set downtrend for most of the year 2016 despite run up last week to 161 area. I am not certain if GBPJPY can continue to push toward 164 next week, but i am Absolutely certain to Sell from 164-165 (if it can reach there next week) for 400-500 points retracement. On the other hand, if GBPJPY...
After 3 months of consecutive downing of 2,100 pips, USDCAD is ripe for a monthly uptick in may ideally from 1.2520-1.2400 to target 1,2800-1.3000. I am absolutely certain about this opportunity.