GBPJPY - Technical Update

12 апр. 2017 г.

While we looked at a short opportunity in previous posts, none have seen any momentum and the pair continues to trade lower, near the 50% retracement. While it is possible for the pair to retrace to the 62% or lower, we're looking for a base near current levels. Any risk averse news will send the pair below 136. Tight stops when trading against the trend.