gpjpyTrading Outlook

GBPJPY: Looking for Continuation of Sell Momentum!

Prevailing Trend!

Firstly let put in perspective yesterday’s trading. Since we see the pair has had sell momentum.

Therefore we are also looking to sell it into this day. Although it’d expect thin and less volatility

Initial Looking Levels!

Our view is to sell this market below. 141.96 with the target of 140.94/140.68 and strict stop loss around. 142.56

Adversity!

Finally on the contrary break up of 142.56 would be found 143.04/143.369 ideally for today.