gpjpyTrading Outlook

Gbpjpy: daily forecast

Yen safe Heaven Appeal!

This pair has been in selling momentum ever since the tension is escalating between the US & Iran.

Therefore it needs to be searching for some important levels for having a safe selling zone.

Though the Market won’t come up in a straight one ward direction however, the plummet may be the devised for this pair until the situation of geopolitical front ease out.

Therefore, we are in view to sell this pair. below. 144.53 for the target of 141.39&140.19 with the stop loss. of 140.

Alternative Scenario!

The contradiction view in case of a break out of 14453 would presumably open the path of 149 zones.